USDG (Global Dollar) is a USD-pegged stablecoin issued by Paxos Digital Singapore.
In practice:
Each USDG token is designed to represent 1 U.S. dollar.
It is backed by reserves such as cash and short-term U.S. government assets, according to the issuer’s disclosures.
It is part of the Global Dollar initiative, aiming to provide regulated, on-chain dollars usable in many jurisdictions.
In the context of Marinade:
USDG is an SPL token on Solana, so it appears in your Solana wallet like any other token.
You can hold it, send it, or use it on integrated exchanges and DeFi protocols that support USDG.
For detailed information on reserves, regulation, and redemption policies, you should always refer directly to Paxos / Global Dollar Network documentation.