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Robinhood Chain launches with USDG as native token; adds $333M supply in first month

PaxosGlobal Dollar (USDG)

Robinhood Chain went live on July 1, 2026 with USDG as the native settlement token. The chain generated over $178M in USDG issuance in the first week and reached $333M total supply by month-end. Robinhood's self-custodial Earn product offered 7% APY on USDG holdings through DeFi lending on Morpho.

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