PANews reported on August 6th that Gate has officially joined the Global Dollar Network (GDN) as one of its first Tier 1 partners, continuing to promote stablecoin adoption and innovative development within PayFi. As part of this partnership, Gate has integrated USDG, the US dollar stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe. USDG now supports Ethereum, Solana, and Ink, bringing a compliant and transparent stablecoin experience to Gate's 34 million users worldwide.

Dr. Han, founder and CEO of Gate, said: "This collaboration demonstrates Gate's ongoing commitment to regulatory innovation and digital asset infrastructure development. USDG will play a key role in driving the next generation of global payments, transactions, and PayFi applications."

The Global Dollar Network is one of the fastest-growing stablecoin ecosystems in the world, and its rapid development demonstrates the critical role of stablecoins in global finance. Going forward, Gate will continue to collaborate with industry leaders to promote the mainstream adoption of stablecoins and accelerate the development of a more secure, transparent, and inclusive digital asset ecosystem.