Paxos' USDG Expands to Mantle Layer-2 Network

Paxos has expanded its stablecoin USDG to the Ethereum layer-2 network Mantle, adding it to the Global Dollar Network.

The launch marks a significant milestone for both Paxos and Mantle, as USDG can now be minted directly on Mantle without relying on a third-party bridge.

Mantle has joined the coalition with more than 150 partners, including Kraken, Robinhood, and OKX, allowing it to share in rewards generated by USDG activity.