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Cash-backed dollar stablecoins · Asset page

Global Dollar (USDG)

Paxos · number 4 of 6 cash-backed dollar stablecoins we count

The Migration by · as of · updated every 6 hours

Short answer

As of October 28, 2026, $3.14 billion of Global Dollar (USDG) is on public blockchains, read directly from 7 blockchains by The Migration by Concrete.

USDG by blockchain

Blockchain and token addressValueAddress source
X Layer
0x4ae46a509F6b1D9056937BA4500cb143933D2dc8
$1.28BA · issuer address page
Robinhood Chain
0x5fc5360D0400a0Fd4f2af552ADD042D716F1d168
$707.9MA · issuer address page
Solana
2u1tszSeqZ3qBWF3uNGPFc8TzMk2tdiwknnRMWGWjGWH
$621.5MA · issuer address page
Ethereum
0xe343167631d89B6Ffc58B88d6b7fB0228795491D
$410.1MA · issuer address page
Ink
0xe343167631d89B6Ffc58B88d6b7fB0228795491D
$65.2MA · issuer address page
Arbitrum
0x004B506865409877C9fA29bfb1ebA929984B9bbC
$50.5MA · issuer address page
Mantle
0x063C1d1ef6e9099Ce3E8e9AD5C6173d12C49C086
$501KA · issuer address page

Addresses from Paxos.

Quick answers

How much USDG is on-chain?

As of October 28, 2026, $3.14 billion of Global Dollar (USDG) is on public blockchains, read directly from 7 blockchains by The Migration by Concrete.

Which blockchains is USDG on?

USDG is on 7 blockchains in our count. The largest are X Layer ($1.28B), Robinhood Chain ($707.9M), Solana ($621.5M).

How does USDG rank among cash-backed dollar stablecoins?

USDG is number 4 of the 6 cash-backed dollar stablecoins we count, with 1.2% of the $262.80 billion total as of October 28, 2026.

Who issues USDG?

USDG is issued by Paxos. Every address we count comes from the issuer's own published list or a written confirmation from the issuer.

The Migration by tracks traditional finance moving on-chain, reading every token directly from public blockchains. See all our counts.

Citing this page: "The Migration by Concrete, USDG on-chain, Oct 28, 2026," with a link to this page and to .

For information only. Not investment advice.