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Guavy AI Editorial TeamSentiment: 2.75Clout: 82

Coinbax Joins Global Dollar Network to Enhance Institutional-Grade Stablecoin Settlement

Coinbax Inc., a leading provider of stablecoin payment orchestration infrastructure, has announced its membership in the Global Dollar Network. By joining this network, Coinbax aims to strengthen its ability to support institutions seeking compliant, operationally sound stablecoin settlement at scale.

The partnership will enable Coinbax to provide programmable escrow, rule-based settlement, controlled reversibility, and audit-grade reconciliation to blockchain-based rails. This infrastructure will be integrated with the Global Dollar (USDG), a US dollar-backed stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe.

According to Nick Robnett, Head of Crypto Business for Paxos, Coinbax's programmable settlement capabilities complement the mission of enabling trusted partners who bring governance, transparency, and enterprise-grade controls to digital dollar infrastructure.