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Paxos-issued USDG hits $3.2 billion market cap after 340% yearly jump

What happened

The Global Dollar stablecoin has grown from hundreds of millions at launch, with most of its supply concentrated on X Layer, Robinhood Chain, and Solana Paxos’ Global Dollar stablecoin, USDG, now carries a market cap of $3.2 billion. That figure represents a 340% increase over.

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