"USDG is a US dollar-backed stablecoin issued by Paxos Digital Singapore. Paxos Paxos has a strong track record of building blockchain solutions that financial industry leaders can trust. Its digital assets include PayPal USD (PYUSD), Pax Dollar (USDP) and Pax Gold (PAXG)."
USDG is backed b Kraken, Robinhood, Anchorage Digital, Bullish, Galaxy, ..etc