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Upbit Lists Global Dollar Stablecoin for Trading Against KRW, BTC, and USDT

Guavy AI Editorial Team
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South Korea's largest cryptocurrency exchange, Upbit, has listed Global Dollar (USDG), a stablecoin pegged to the US dollar. The new listing allows trading against three major pairs: the South Korean won (KRW), Bitcoin (BTC), and Tether (USDT).

Deposits and withdrawals for USDG are now supported, and trading commenced simultaneously on all three markets at 5:00 a.m. UTC today. The exchange has not disclosed any specific restrictions or initial price bands.

This move adds USDG to Upbit's growing roster of stablecoins, which already includes USDT, USDC, and DAI. Global Dollar is issued by a consortium and aims to provide a transparent, regulated stablecoin option for traders.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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