Major regional banks, financial institutions and merchant enterprises will now be able to offer US-denominated settlements through Fuze's stablecoin infrastructure
Dubai, United Arab Emirates – 28 October, 2025: Fuze Finance, a regulated digital asset infrastructure provider operating across multiple international markets, has joined the Global Dollar Network to provide Global Dollar (USDG) to its customers. It joins a united network of major institutions such as Robinhood, Kraken, OKX, Mastercard, Galaxy Digital and Bullish, which are forming a borderless ecosystem for the adoption of USDG, a fully-backed stablecoin pegged to the US Dollar that is issued by Paxos.
Fuze will incorporate USDG into its regulated Digital Assets-as-a-Service infrastructure. This will enable banks, fintechs and enterprises to integrate USDG into payment flows, remittances and merchant settlement – a move that will make digital payments faster, more cost effective and more accessible.
Fuze CEO Mo Ali Yusuf said: "Stablecoin infrastructure that settles in dollar-denominated amounts is very useful for various businesses. Banks, financial institutions, and exchanges can manage assets and payments more efficiently, while merchants, e-commerce businesses and enterprises can benefit from faster, cheaper settlements."
Fuze is joining the Global Dollar Network to make it simple for partners to launch trusted USDG-powered products using its API tools for payments, wallets and stablecoins. This technology enables businesses to adopt USDG with regulatory confidence. Importantly, Paxos must hold 1:1 reserves for USDG (in either dollar deposits, short duration US government securities or cash equivalents). In addition, these reserves are audited and subject to transparency measures (such as monthly reserve reports) to reassure credibility.
Guillaume Kendall, Director of Business Development (EMEA Crypto Natives) at Paxos Infrastructure added: "USDG and the Global Dollar Network is a collaborative stablecoin ecosystem. Fuze is an important, regulated partner that helps the network to accelerate compliant stablecoin adoption and move money more efficiently across the Middle East and beyond."
For more information, visit fuze.ae.
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, OKX, Paxos, Robinhood, Worldpay and more.
Paxos issues USDG in the EU through Paxos Issuance Europe OY ("PIE"). USDG is fully redeemable from Paxos on a one-to-one basis for U.S. dollars. All USDG token holders in the EU have a right of redemption against PIE at any time and at par value for USDG. Further information is available at paxos.com/eu, and the EU USDG White Paper is available at www.paxos.com/terms-and-conditions/usdg-eu-whitepaper.
Contact: support@paxos.com | +358 4549 00 361
Note: USDG is available on Solana, Ink, X Layer and Ethereum.
Media contact: Jonathan Ivan-Duke, Partner, duke+mir, jon@dukemir.com, +971582857333
Fuze Finance is a regulated digital asset infrastructure provider operating through regulated and registered entities across multiple jurisdictions worldwide. Fuze Finance helps banks, fintechs, financial institutions, and businesses integrate digital assets across payments, stablecoin infrastructure, cross-border transfers, trading, wallets, treasury, and settlement.
Its infrastructure combines technology, liquidity, payment connectivity, and compliance capabilities. Fuze Finance also provides institutional OTC trading and settlement for businesses, funds, and high-net-worth individuals.
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Disclaimer: The information contained in this press release is for general informational purposes only. Fuze and its subsidiaries, including Niobe Payment Services LLC SPC, are regulated under the Central Bank of the United Arab Emirates and operate in compliance with applicable laws and regulations. This press release does not constitute an offer to provide financial services or investment advice in any jurisdiction. Fuze does not guarantee the accuracy, completeness, or reliability of the information provided. Any financial products or services mentioned are subject to market risks, and past performance is not indicative of future results. Readers are strongly encouraged to seek legal, tax advice with an advisor before making any financial or investment decisions.