What Global Dollar is designed to do

Global Dollar (USDG) is a fiat-backed stablecoin, currently ranked 64th by market capitalization among the assets we track. Unlike volatile crypto assets, Global Dollar targets a fixed value backed by off-chain reserves. Holders use it to park value, settle trades, and move money — its entire value proposition is that it does not move.

Global Dollar (USDG) is a digital currency designed to provide a stable and secure means of value transfer, aiming to bridge traditional finance and the blockchain ecosystem. It seeks to enhance financial inclusion and improve transaction efficiency.

How the peg is meant to hold

The mechanism is straightforward in theory — one token, one unit of reserve — but it depends entirely on the issuer actually holding and honoring those reserves. Attestation quality is therefore the core risk.

Background & fundamentals

The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in USDG. In sector terms it is most often filed under Solana (SOL) Token and Stablecoin.

Where Global Dollar sits in the market

With USDG near $1.00, Global Dollar carries a market capitalization of $675.90M. Around $6.77M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.00% of the float — on the quieter side, which can mean thinner liquidity for large orders.

Global Dollar carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. At the current $1.00, USDG sits essentially at its record high — the riskier end of the range for fresh entries.

What the price history shows

Recent moves read 7-day +0.04%. Within its 366-day range, USDG sits around the middle (the 38th percentile of recent daily closes).

Volatility profile

Recent action puts Global Dollar in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.

How to evaluate a stablecoin like Global Dollar

A grounded read on USDG comes down to three questions:

  • Reserve quality — what backs USDG — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
  • Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
  • Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.