Anchorage Drops USDC in Favor of USDG, Drawing Industry Backlash

Anchorage Digital, a federally chartered crypto bank, announced it will phase out support for Circles USDC and redirect institutional clients toward Global Dollar USDG USDG - $0.999659090960600 a rival stablecoin issued by Paxos. The move, based on its new Stablecoin Safety Matrix, cited regulatory and reserve risks with USDC, Agora USD (AUSD), and Usual USD USD0 USD0 - $0.997723103371551 deeming them unsuitable for long-term custody.

Source: tokenpost.com

Related symbols: STABLEUSD

2025-06-28 03:14:02 GMT.

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Price & Market Data

Price: $0.999659090960600

Volume 24h: $3,764,936.51

Market Cap: $313,858,271.25

Description

Global Dollar (USDG) is a cryptocurrency launched in 2024and operates on the Ethereum platform. Global Dollar has a current supply of 10,750,140. The last known price of Global Dollar is 1.00027518 USD and is up 0.03 over the last 24 hours. It is currently trading on 2 active market(s) with $32.59 traded over the last 24 hours. More information can be found at https://globaldollar.com.

Price & Market Data

Price: $0.997723103371551

Volume 24h: $617,117.73

Market Cap: $624,316,848.39

Description

Usual (USD0) is a cryptocurrency launched in 2024and operates on the Ethereum platform. Usual has a current supply of 20,354,664 with 0 in circulation. The last known price of Usual is 0.9991104 USD and is down -0.10 over the last 24 hours. It is currently trading on 1 active market(s) with $987,329.48 traded over the last 24 hours. More information can be found at https://usual.money.