Aleo Joins Global Dollar Network
Aleo Joins Global Dollar Network
Aleo will leverage the Safest, Most Trusted Stablecoin for Onchain Treasury Management and Vendor Payments
SAN FRANCISCO--(BUSINESS WIRE)--The Aleo Network Foundation, the non-profit corporation responsible for overseeing and supporting the health of the Aleo Network (Aleo), a privacy-first infrastructure to power secure, programmable, worldwide payments, today announced their inclusion in Global Dollar Network (GDN). GDN is the world’s fastest growing stablecoin network with unmatched economic upside that is powered by the USDG stablecoin. USDG is available on Solana, Ink and Ethereum. Members of the network include Robinhood, Worldpay, Kraken, Aleo, Anchorage Digital, Paxos and more.
“Joining Global Dollar Network is both a recognition of Aleo’s unique technology stack and an opportunity to shape tomorrow's financial systems,” said BJ Mahal, Head of Partnerships at The Aleo Foundation.
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Aleo is the first Layer 1 blockchain to join GDN. Aleo is uniquely built for private payments providing new growth opportunities for USDG and GDN, addressing a critical gap in the stablecoin ecosystem by enabling programmable, encrypted payments. To start, the Foundation will use USDG to enable treasury management and vendor payments. The Foundation’s participation in the network paves the way for new institutional and developer use cases, making blockchain viable for scenarios where data sensitivity, confidentiality, and user protection are paramount.
“Aleo’s mission is putting programmable privacy at the center of blockchain innovation,” said BJ Mahal, Head of Partnerships at The Aleo Foundation. “Joining Global Dollar Network is both a recognition of Aleo’s unique technology stack and an opportunity to shape tomorrow's financial systems.”
This is a critical moment for digital asset adoption. As policymakers around the world push for regulated stablecoin frameworks to unlock the benefits of digital dollars, privacy and compliance remain major hurdles.
Despite a $270B market cap and $27.6T in volume processed in 2024, less than 0.01% of stablecoin activity is fully encrypted, leaving institutions, merchants, and users exposed. As blockchain moves to the mainstream, privacy is the essential missing link for adoption at scale.
About The Foundation and the Aleo Network
The Aleo Network is the privacy-first infrastructure layer for digital payments. Powered by zero-knowledge cryptography, Aleo combines end-to-end encryption with smart contract programmability, bringing privacy, compliance, and scalability to stablecoins and blockchain-based financial systems.
Backed by leading investors including a16z, Softbank and Coinbase Ventures, the Foundation is headquartered in the U.S. and focused on enabling the next generation of secure, on-chain, financial infrastructure.
For more information about Aleo and to stay updated on its latest developments, visit www.aleo.org.
About Global Dollar Network
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.
Note: USDG is available on Solana, Ink and Ethereum.
