The consortium’s stablecoin maintains a 1:1 peg with the US dollar, backed by high-quality liquid assets including dollar deposits and short-term US government securities.
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Visa joins Robinhood, Kraken, and Galaxy Digital as member of Global Dollar Network
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DBS Bank acts as the custodian for USDG, managing reserves in liquid assets to maintain a 1:1 dollar peg and ensure on-demand redemption.
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