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Mantle Integrates USDG Stablecoin, Joins Global Dollar Network Rewards Sharing

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Mantle has added Paxos' USDG stablecoin to its ecosystem, making it one of the first stablecoins natively minted on the Ethereum layer-2 network. The integration also brings Mantle into the Global Dollar Network's reward-sharing structure, allowing it to receive a share of rewards generated by USDG activity.

USDG has a significant market capitalization of approximately $3.18 billion, making it the seventh-largest stablecoin tracked by DefiLlama. As a partner in the Global Dollar Network, Mantle joins over 150 other partners, including well-known exchanges like Kraken and Robinhood.

The integration is expected to facilitate DeFi applications and institutional capital allocation across Mantle's ecosystem. This move follows recent growth in tokenized real-world assets (RWA) on Mantle, with $234.2 million in distributed RWA value as of Wednesday, up 19% over the past 30 days.

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