Global fiat-to-crypto on-ramp Transak has listed the Global Dollar (USDG), providing its 10 million-plus users with access to a regulated, US dollar-backed stablecoin. Users can now purchase USDG through local payment methods, including bank transfers and credit/debit cards.

This development is significant as USDG, issued by Paxos, is the first stablecoin to be fully compliant with the European Union's Markets in Crypto-Assets (MiCA) regulation. In addition to its MiCA compliance, USDG is also regulated by the Finnish Financial Supervisory Authority (FIN-FSA) and the Monetary Authority of Singapore (MAS), positioning it as a highly-regulated digital asset.

The listing highlights a broader industry trend towards regulatory compliance and the integration of stablecoins into mainstream financial infrastructure. USDG is part of the Global Dollar Network (GDN), an initiative supported by major financial players like Kraken, Robinhood, and Mastercard, aiming to establish a regulated and stable digital dollar ecosystem.

This integration signals a growing market appetite for compliant digital assets. By providing secure access to a regulated stablecoin, Transak and Paxos are building critical infrastructure for the next phase of digital finance, emphasizing security and regulatory adherence.