Paxos-Backed USDG Expands Globally with Revenue-Sharing Model
USDG, the Paxos-issued stablecoin, is making waves with its aggressive global expansion strategy—and it’s bringing partners along for the ride. The revenue-sharing model turns traditional finance’s ’walled garden’ approach on its head, proving once again that crypto plays by different rules.
Key drivers:
- Institutional-grade stability meets DeFi incentives
- Partners earn yield simply by holding USDG in treasury
- Regulatory clarity gives Paxos an edge over competitors
While traditional banks still charge fees for the privilege of holding your money, USDG flips the script—paying institutions to adopt dollar-pegged digital assets. The model’s already gaining traction in Asia and Latin America, where dollar access remains problematic despite decades of IMF ’solutions’.
One cynical observer might note this finally gives corporate treasurers a reason to care about blockchain—when there’s profit to be made.

While household names like Visa have yet to sign on, insiders hint that major players are circling, waiting for the right moment. GDN’s backers say its model offers a compelling alternative to both traditional stablecoins and emerging yield-bearing tokens like USDe and BUIDL.
With more than 25 companies now involved and access to over 40 million users through partners, GDN sees itself not just as a stablecoin issuer—but as a decentralized financial rails provider in the making.