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TechFlow, August 29 — According to Businesswire, programmable privacy Layer 1 network Aleo announced its joining of the stablecoin network Global Dollar Network, supported by USDG, a U.S. dollar-pegged stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe. The Aleo Foundation will use USDG for treasury management and vendor payments.
According to Businesswire, programmable privacy Layer 1 network Aleo announced its joining of the Global Dollar Network, a stablecoin network backed by USDG, a U.S. dollar-pegged stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe. The Aleo Foundation will reportedly use USDG for treasury management and vendor payments.
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