CapitalIssuance$17M
GMX’s USDG Supply Rises From About $1.5 Million to Nearly $17 Million - TOKENPOST
The circulating supply of USDG on GMX experienced a significant surge, expanding from approximately $1.5 million to nearly $17 million.
So what
This rapid supply expansion highlights growing derivative liquidity integration and deeper utility for Paxos-backed USDG within decentralized perpetual exchange plumbing. Such scaling alters collateral composition dynamics across on-chain liquidity venues and demonstrates accelerated adoption of application-specific stablecoin rails.
ProductsUSDGSource: TOKENPOST ↗