Fuze, one of the Middle East and Turkey’s fastest-growing financial infrastructure providers, has joined the Global Dollar Network to bring the Global Dollar (USDG) stablecoin to its customers.
This aligns Fuze with leading global institutions such as Robinhood, Kraken, OKX, Mastercard, Galaxy Digital, and Bullish, which together are building a borderless ecosystem for the adoption of USDG, a fully backed stablecoin issued by Paxos and pegged 1:1 to the U.S. dollar.
By integrating USDG into its regulated Digital Assets-as-a-Service platform, Fuze will enable banks, fintech firms, and enterprises to incorporate dollar-backed settlements into their payment flows, remittances, and merchant transactions. The company says the adoption of USDG will make digital payments faster, more affordable, and more accessible across the region.
“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,” said Mo Ali Yusuf, CEO of Fuze.
Fuze’s participation in the Global Dollar Network will allow its partners to launch USDG-powered products using the company’s suite of API tools for payments, wallets, and stablecoins. This integration aims to simplify the rollout of regulated, trusted stablecoin solutions for institutions across the Middle East and beyond.
USDG is issued by Paxos Trust Company, which holds 1:1 reserves in cash, short-term U.S. government securities, or equivalent cash assets. These reserves are subject to independent audits and transparency measures, including monthly reserve reports.
“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,” said Guillaume Kendall, Director of Business Development (EMEA Crypto Natives) at Paxos Infrastructure.
There is no doubt that this partnership marks a major step toward expanding regulated stablecoin use in the region, highlighting growing institutional confidence in blockchain-based payment systems.
