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FOMO Pay Joins Global Dollar Network to Expand Stablecoin Payment Solutions

21 May 2025
in News
Reading Time: 3 mins read
106 3
Home News

FOMO Pay, a prominent payment institution headquartered in Singapore, has officially joined the Global Dollar Network (GDN), a growing enterprise-driven initiative aimed at accelerating the adoption of regulated stablecoins in global payments.

As one of GDN’s first partners, FOMO Pay will integrate the Global Dollar (USDG), a stablecoin issued by Paxos, into its digital payment infrastructure. This move is set to provide merchants and corporate clients with faster, more transparent, and fully compliant stablecoin payment options.

FOMO Pay is pleased to join the Global Dollar Network (@global_dollar) launched by Paxos (@Paxos)!

🌍 We’re excited to have been invited to join Global Dollar Network as one of its first partners, supporting the adoption of #USDG — a regulated USD stablecoin issued by Paxos —… pic.twitter.com/qXhA16Ht16

— FOMO Pay (@FOMOPayOfficial) May 21, 2025

The integration of USDG will empower FOMO Pay’s broad merchant base—spanning key sectors such as food and beverage, hospitality, and retail—to accept USDG payments from customers seamlessly. This expansion enhances the consumer checkout experience by offering more flexible and innovative payment choices. Simultaneously, FOMO Pay’s corporate clients will gain access to streamlined cross-border payment solutions, benefiting from improved speed, transparency, and regulatory confidence.

Louis Liu, Founder and CEO of FOMO Pay, highlighted that the wider adoption of regulated stablecoins marks a pivotal moment in financial innovation. He explained that joining the Global Dollar Network aligns with FOMO Pay’s mission to unlock faster, compliant payments and foster financial inclusion. Liu emphasized that the company’s strong regional presence across Southeast Asia, the Greater Bay Area, and the Middle East and North Africa positions it to drive a more interoperable and inclusive digital finance future.

By collaborating with industry leaders, FOMO Pay continues to innovate in delivering cost-effective and regulated payment solutions. Through integrating stablecoins like USDG and enhancing cross-border transactions, FOMO Pay aims to make modern financial instruments more accessible to businesses worldwide, contributing to a more connected and efficient global payments ecosystem.

In addition to joining GDN, FOMO Pay has been selected as one of the inaugural global design partners in the newly launched Circle Payments Network (CPN). Developed by fintech leader Circle, the CPN aims to modernize cross-border payments by enabling near-instant international transactions through regulated stablecoins. This partnership marks another strategic step forward for FOMO Pay as it continues to innovate, delivering cost-effective and regulated payment solutions. 

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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