KuCoin has officially listed the Global Dollar (USDG), a USD-backed stablecoin powered by Paxos. The listing introduces two new trading pairs: BTC/USDG and USDG/USDT. This move is intended to deepen liquidity and expand the distribution of USDG.

To incentivize trading and adoption, KuCoin is offering zero spot trading fees for the new pairs for a promotional period ending on March 10. The addition of USDG to KuCoin's platform provides users with another stablecoin option, potentially increasing competition among stablecoin issuers.

This listing signifies a broader trend of exchanges diversifying their stablecoin offerings. For the Global Dollar Network, this partnership represents a significant step in increasing the accessibility and circulation of USDG within the crypto market.