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OKX joins Global Dollar Network alongside Worldpay, Kraken, 30+ more leaders

Monday, July 14, 2025 — 16:21:38 (UTC)

NEW YORK, July 14, 2025 /PRNewswire/ -- Global Dollar Network announces that OKX, a leading global exchange, has joined the network as a core partner. As one of the world's largest and most influential cryptocurrency platforms, OKX brings global scale to the ecosystem and has integrated Global Dollar (USDG), the US dollar-pegged stablecoin, to offer the stablecoin to its 60 million customers across 180 countries. Today, OKX customers can access USDG and freely convert it 1:1 to USD at no cost, with more features and integrations to come.

Integrating USDG reflects a shared commitment to advancing greater inclusivity to the global financial industry through centralized and decentralized infrastructure. Following the Global Dollar Network's announcement that USDG is now available in the EU and compliant with MiCA, OKX is also supporting USDG for customers in the region. This partnership advances OKX's mission to enable seamless cross-border payments, offer trusted stablecoin infrastructure and expand access to decentralized finance tools.

"As a world-class leader in the blockchain space, OKX has played a pivotal role in shaping digital finance," said Walter Hessert, Head of Strategy at Paxos, on behalf of Global Dollar Network. "Global Dollar Network is committed to the adoption of safe and trusted stablecoins, which make it possible for anyone, anywhere to access a transparent, 24/7 financial ecosystem, and to unlock institutional participation through regulatory clarity. We are delighted to welcome OKX to Global Dollar Network."

"Joining Global Dollar Network is a natural step forward in our mission to empower customers with greater choice and financial freedom," said Jeff Ren, founder of OKX Ventures. "We're proud to stand alongside industry leaders at a time when stablecoin adoption is accelerating. USDG gives our customers access to a trusted, fully backed digital dollar designed for global use, enabling everything from everyday payments to seamless trading and DeFi participation. We look forward to expanding USDG integration across the OKX ecosystem in the near future to unlock more real-world use cases and further accelerate global adoption."

With unparalleled stability, USDG is the premier global stablecoin that powers Global Dollar Network and is available on Solana, Ink and Ethereum. USDG is issued by Paxos Digital Singapore, which is a Major Payments Institution supervised by the Monetary Authority of Singapore. USDG is also issued by Paxos Issuance Europe under the supervision of FIN FSA and in compliance with MiCA.

Unlike traditional stablecoin models, Global Dollar Network's unique economic framework distributes network revenue to partners based on their contributions, fostering collaboration and incentivizing widespread adoption.

For more information about Global Dollar Network and how to join, visit globaldollar.com.

About Global Dollar Network Global Dollar Network is the world's fastest growing stablecoin network with unmatched economic upside. Powered by Global Dollar (USDG), a US dollar-backed stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe, Global Dollar Network offers a transparent and equitable economic model that rewards partners for their contributions. Global Dollar Network partners include industry leaders such as Anchorage Digital, Bullish, Kraken, OKX, Paxos, Robinhood, Worldpay and more.

Note: USDG is available on Solana, Ink and Ethereum.

About OKX Trusted by more than 60 million customers around the globe, OKX is a technology company building a decentralized future that makes the world more tradable, transparent and connected. We're known for being one of the fastest and most reliable crypto apps in the world, and have processed trillions of dollars in transactions.

We have key regional offices, including headquarters in San Jose, California, for the Americas and in Dubai for the Middle East. We also have offices in New York, Hong Kong, Singapore, the Republic of Türkiye, Australia and Europe.

Over the past several years, we've built one of the world's most comprehensive regulatory compliant, licensed crypto companies. We hold licenses in the United States, the UAE, EEA, Singapore and Australia, as well as in other markets.

We're steadfastly committed to transparency and security and publish Proof of Reserves reports on a monthly basis. To learn more about OKX, download our app or visit: okx.com.

Disclaimer

About USDG in the EU

Paxos issues USDG in the EU through Paxos Issuance Europe OY ("PIE").

USDG is fully redeemable from Paxos on a one-to-one basis for U.S. dollars. All USDG token holders in the EU have a right of redemption against PIE at any time and at par value for USDG.

Further information is available at paxos.com/eu, and the EU USDG White Paper is available at www.paxos.com/terms-and-conditions/usdg-eu-whitepaper.

Contact information Email: support@paxos.com Telephone: +358 4549 00 361

Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.

Source: Company press release.

Categories: Partnership