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Market cap
DIA price
Total supply
Holders
1.0B USDG
7,885holders
What the top-10 is
Shares of the same supply as Top-10, from public address labels covering 52.7% of the top-10 balance. Exchange custody is one address holding for many end holders. Unattributed means unlabelled, not self-custodied.
Measured on Ethereum. Shares are of the Ethereum supply, not the multi-chain total.
-$90.1Msince Fri, Aug 28 UTC
Change in the supply DIA reads across this coin’s chains, between two daily snapshots. Not mints minus redeems: DIA does not publish issuance flow.
Market data · CoinGecko
Market data · CoinGecko
Circulating supply · DeFiLlama
Aggregator figure, not a contract read. DIA’s own onchain supply is the separate series below.
Percentage change in USDG's circulating supply as reported by DeFiLlama, measured against that source's own past. It is not a change in the onchain supply above, which DIA reads from the contracts directly and which is a different measurement of the same coin. A dash means the map has no reading close enough to the start of the window, a stretch inside it where supply was not reported at all, or a starting figure too small for a percentage to describe. Hover a dash for which.
2 of the 3 chains DIA holds a verified USDG contract on carry a deployment date and are plotted here. The other 1 was verified without one and is left off the curve rather than dated to the day DIA read it.
$81.3M
deployed across 3 markets on 3 protocols
Lower bound: USDG's balance inside lending markets DIA reads on-chain directly. Excludes DEX liquidity, CDP collateral, and any market on a chain or protocol DIA does not yet track.
DIA price
$1.0003
Peg deviation
3 bps
Peg currency
USD
Launched
Primary use
—
Last snapshot
Fri, Sep 4 UTC
Global Dollar (USDG) is a US dollar stablecoin issued by Paxos Digital Singapore Pte. Ltd. Paxos describes the token as a single-currency stablecoin pegged 1:1 to the dollar with full redemption, and states that the issuing entity is a Major Payments Institution supervised by the Monetary Authority of Singapore (Paxos docs).
Circulating supply is around 3.4 billion USDG, and the token traded at 1.00 dollar at the time of writing (CoinGecko).
USDG is issued in Singapore, under a Singapore regulator and a Singapore attestation standard. The stablecoin explorer sets it against the rest of the dollar cohort.
Sources: Paxos documentation, USDG overview, CoinGecko, Global Dollar market data
Paxos publishes monthly reserve reports and monthly third-party attestations for USDG on a dedicated transparency page (Paxos USDG transparency).
Who signs the attestation
Attestation reports posted from 27 February 2026 onward are issued by KPMG LLP. Reports posted before that date were issued by Enrome LLP. Both firms conducted their examinations under standards established by the Institute of Singapore Chartered Accountants. Paxos lists monthly reports for 2024, 2025 and January to June 2026.
What the engagement covers
A monthly examination of reserve balances at a point in time, signed by an accounting firm. It is not a financial statement audit of Paxos Digital Singapore. An attestation covers the perimeter the engagement defines, at the date it defines, and nothing between two dates.
What this page does not restate
The individual attestation PDFs did not render in our fetches of the Paxos transparency page, so no line-item reserve composition, maturity profile or custodian name appears here. Paxos states in its documentation that reserve assets are held in segregated accounts. Readers who need the actual asset breakdown should open the latest monthly report directly.
Sources: Paxos, Global Dollar (USDG) transparency reports, Paxos documentation, USDG overview
Paxos states that Paxos Digital Singapore Pte. Ltd. is a Major Payments Institution supervised by the Monetary Authority of Singapore (Paxos docs).
We attempted to confirm that entry in the MAS Financial Institutions Directory. The search we ran over the payments sector returned a paginated list that did not surface Paxos Digital Singapore in the fetched results, so the licence is recorded here as an issuer claim we did not independently verify against the register.
No MAS licence number is restated here, because none was read on a page fetched for this entry.
Sources: Paxos documentation, USDG overview, MAS Financial Institutions Directory, payments sector search
The reserve is off chain
No contract read can prove it exists. The monthly KPMG attestation is the only evidence a holder gets, and it speaks to one date per month under an ISCA examination standard, not to continuous coverage. The issuing entity is Singapore based, so recovery in an insolvency runs through Singapore law and MAS supervision.
The attestation firm changed
Enrome LLP signed reports until February 2026, KPMG LLP after. A change of attestation firm resets the comparison base for anyone tracking disclosure continuity.
Supply is spread across contracts
USDG is deployed across at least six networks, including Ethereum, Solana, Ink, Arbitrum, X Layer and Robinhood Chain, from separate contracts (Paxos mainnet addresses). Each deployment adds a bridge or supply-control surface. Total supply is the sum of those contracts, so any single-chain figure understates the token.
Sources: Paxos, Global Dollar (USDG) transparency reports, Paxos documentation, USDG mainnet token addresses
The Global Stablecoin Map tracks USDG on Ethereum, Solana and Ink. Paxos publishes the mainnet token addresses for those deployments: 0xe343167631d89B6Ffc58B88d6b7fB0228795491D on Ethereum and on Ink, and 2u1tszSeqZ3qBWF3uNGPFc8TzMk2tdiwknnRMWGWjGWH on Solana (Paxos mainnet addresses).
Covered: token supply read from those contracts, and market price for the USD peg.
Not covered: the reserves. USDG is backed by off-chain assets held by a Singapore entity. No on-chain read verifies a dollar in a bank account. The monthly attestation on the Paxos transparency page is the source, and trust in the attester remains.
Also outside this page's supply view: the Arbitrum, X Layer and Robinhood Chain deployments Paxos documents. A holder reconciling a total against issuer figures should account for them.
Sources: Paxos documentation, USDG mainnet token addresses, Paxos, Global Dollar (USDG) transparency reports
Paxos Digital Singapore Pte. Ltd. issues USDG. Paxos states the entity is a Major Payments Institution supervised by the Monetary Authority of Singapore.
Paxos publishes monthly third-party attestation reports, issued by KPMG LLP from 27 February 2026 onward and by Enrome LLP before that date, under Institute of Singapore Chartered Accountants standards. An attestation is not a financial statement audit.
Paxos states reserve assets are held in segregated accounts and publishes monthly reserve composition reports on its USDG transparency page. The reserves are off chain, so no on-chain read verifies them.
Paxos documents mainnet deployments on Ethereum, Solana, Ink, Arbitrum, X Layer and Robinhood Chain. Total supply is the sum across those contracts.
0xe3431676…8795491DExplorer ↗0xe3431676…8795491dExplorer ↗2u1tszSeqZ…MWGWjGWHExplorer ↗Supply on this page is read from these contracts. Addresses are verified by DIA against the issuer’s own published documentation.
0xe3431676…8795491dmint(address,uint256)eip1967-uups0xe3431676…8795491dmint(address,uint256)eip1967-uups2u1tszSeqZ…MWGWjGWHfreezeAuthoritymintAuthorityRead from the deployed contract. “Not determined” means the contract’s full function set could not be enumerated, not that the capability is absent: a bytecode scan can confirm that a function exists and can never prove that one does not.