Odaily Planet Daily reports that, according to an official announcement, Upbit Singapore will list USDG (GlobalDollar) on the USDT market on September 4 at 15:00 (Singapore Time), on the Solana network. Sell orders will not be accepted during the first 5 minutes after listing, and sell orders below 10% of the reference price will be rejected. USDG is a USD-backed stablecoin issued by Paxos, pegged 1:1 to the US dollar.
Upbit Singapore to Launch USDG/USDT Trading Pair on Solana Network
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Summary
Upbit Singapore will list the USDG/USDT trading pair on its USDT market on September 4 at 15:00 (Singapore time). The Solana-based stablecoin USDG, issued by Paxos and pegged 1:1 to the US dollar, will be available for trading. During the first five minutes, sell orders will be restricted, and any orders below 10% of the reference price will be rejected. On-chain data shows rising interest in Solana-based assets, while on-chain analysis highlights increased activity in the stablecoin markets.
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