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Global Dollar USDG Lures Hundreds of Partners with High-Yield Promise—TradFi Heavyweights Jump In

Global Dollar USDG Lures Hundreds of Partners with High-Yield Promise—TradFi Heavyweights Jump In

Author:
CoindeskEN
Published:
2025-05-22 14:11:19
8
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Global Dollar USDG Eyes Hundreds of Partners Attracted by Yield, Sees ’Big Names’ From TradFi

Yield-starved institutions are flocking to USDG, the so-called ’Global Dollar,’ as its aggressive returns strategy pulls in hundreds of new partners—including undisclosed giants from traditional finance.

Who needs bonds when DeFi offers double-digit APY? The project’s pitch is simple: bypass the middleman, grab yield, repeat. Even Wall Street can’t resist that math—though they’ll probably still charge you a 2% management fee for the privilege.

|Square

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