TREE NEWS update: Ethereum Layer 2 network Mantle has launched Paxos-issued stablecoin USDG and joined the Global Dollar Network as a partner. USDG becomes one of the first stablecoins natively minted on Mantle, with Mantle receiving a share of rewards from USDG activity. USDG has a market cap of about $3.18 billion, ranking as the seventh-largest stablecoin per DefiLlama. Mantle’s distributed RWA value stood at $234.2 million as of Wednesday, up 19% over 30 days.
Mantle Natively Mints Paxos USDG, Joins Global Dollar Network
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