$USDG (Gate USD) is a USD-pegged stablecoin managed by Gate.io and built on Ethereum.

$USDG (Gate USD) is a USD-pegged stablecoin managed by Gate.io and generated by over-collateralized pledging multiple blockchain assets. $USDG is part of Gate.io’s ecosystem, stored as a cross-chain asset in multiple chains, such as Gatechain and Ethereum. Now users can get $USDG by pledging $GT at Gate.io. In the future, users will be able to pledge more assets to get $USDG utilizing smart contracts.