VelaFi, a stablecoin-powered financial infrastructure platform enabling fast, compliant global money movement for businesses, today announced it has joined the Global Dollar Network (GDN), the rapidly growing stablecoin ecosystem powered by Global Dollar (USDG), a regulated stablecoin issued by Paxos.
As a GDN member, VelaFi will integrate USDG as a settlement option for its more than 1,000 institutional clients operating across the Asia-LATAM-U.S. corridor. For businesses moving digital assets between these markets, settlement has historically been fragmented. USDG gives VelaFi's clients a regulated, institutional-grade option that fits into infrastructure they already use — whether they are new to stablecoins or looking to improve on existing solutions.
VelaFi is now listed in the Global Dollar Network Directory.
"We built VelaFi to solve one of the most overlooked corridors in global payments — a route where businesses have had to piece together solutions that were never designed for them. Joining the Global Dollar Network gives us access to regulated, institutional-grade infrastructure that we can bring to our clients on day one. For us, this is not just about adding a settlement option. It is about building the kind of foundation that lets us go further with our clients over time." — Maggie Wu, CEO and Co-Founder, VelaFi.
VelaFi operates at the intersection of Latin America, Asia and the United States — the corridors where it has built deep expertise in compliance, local payment rails, and stablecoin infrastructure. Few companies bring the same end-to-end knowledge of this route. Adding USDG to its platform expands the settlement options available to its institutional client base and strengthens VelaFi’s position as the infrastructure provider of choice for cross-border digital asset movement across the corridor.
About VelaFi
VelaFi is a stablecoin-powered financial infrastructure platform for global businesses, operating through regulated entities across Latin America, Asia and the United States. The platform connects local banking rails, global transfers, and major stablecoin networks to enable fast, compliant, and cost-efficient global money movement. VelaFi provides on/off ramps, pay-ins and pay-outs, cross-border payments, multi-currency accounts, FX services, liquidity and treasury tools, and secure custody, available directly on the platform or through API integrations. Learn more at www.velafi.com.
Global Dollar Network
About USDG
USDG powers Global Dollar Network and is available on Solana, Ink, X Layer and Ethereum. USDG is issued by Paxos Digital Singapore, which is a Major Payments Institution supervised by the Monetary Authority of Singapore. USDG is also issued by Paxos Issuance Europe under the supervision of FIN-FSA and in compliance with MiCA.
About Global Dollar Network
Global Dollar Network is the world’s fastest-growing stablecoin network with unmatched economic upside. Powered by Global Dollar (USDG), a US dollar-backed stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe, Global Dollar Network offers a transparent and equitable economic model that rewards partners for their contributions. Global Dollar Network partners include industry leaders such as Anchorage Digital, Bullish, Kraken, Nuvei, OKX, Paxos, Robinhood, Worldpay and more.