Mantle Integrates Paxos' Regulated USDG Stablecoin

Mantle Network has integrated the Paxos USDG stablecoin, making it one of the first assets natively issued on its network. This move positions Mantle as a Network Partner in the Global Dollar Network (GDN), which comprises over 150 partners and boasts more than $3.5 billion in USDG circulation.

The GDN's reward distribution system now includes Mantle, alongside notable partners like Robinhood and Kraken. As part of this partnership, Mantle will participate directly in the growth generated by USDG's adoption.

USDG is a regulated stablecoin operating under dual oversight from the Monetary Authority of Singapore (MAS) and the MiCA framework of the European Union.

The integration strengthens Mantle's institutional asset portfolio, which already includes AUSD from Agora, USDe from Ethena, USDY from Ondo, and USDT0 from Tether. The network's stablecoin TVL surpassed $982 million, while real-world asset (RWA) TVL scaled from approximately $22 million to $240 million over the past year.