Aracore joins Paxos's Global Dollar Network
- —GDN brings together more than 150 organizations, including Mastercard, Kraken, Robinhood, Worldpay and OKX
- —Aracore uses its own ISN institutional settlement network to connect stablecoins with banks
- —Partnerships with Kei Bank, HashKey and VirgoPAY expand Aracore's institutional network
Why it matters: The expansion of GDN strengthens USDG's competition with USDT and USDC in institutional settlements.
Source: Digital Today