Token on 5 chains
$3.09B reserves for $2.88B market cap, all chains
- Money market funds 53%
- T-Bills 45%
- Cash 2%
As of Sep 30, 2026 · Issuer reports · latest report · sources
01 · Chains
USDG on each chain
The reserves are reported for all chains together. Each chain gets the share of its circulating supply at the report date.
| Chain | Market cap | Reserves | Share | Backing ratio |
|---|---|---|---|---|
 USDG on X Layer | $1.20B | $1.42B | 46.1% | 100.1% |
 USDG on Robinhood Chain | $653.19M | $693.83M | 22.5% | 100.1% |
 USDG on Solana | $613.40M | $652.69M | 21.1% | 100.1% |
 USDG on Ethereum | $354.52M | $256.80M | 8.3% | 100.1% |
 USDG on Ink | $64.82M | $62.64M | 2.0% | 100.1% |
02 · Backing chain
What USDG is backed by
All chains together. Move the slider or press play to see the chain week by week.
Backed by: the reserves behind USDG, through every level
Backing on Oct 31, 2026, the last recorded day of its week. Backing from reports counts until the next report, for at most 140 days. Between two reports the values are estimated, see the settings.
03 · Composition over time
What the reserves were made of
All chains together. Before a chain was tracked, its part is missing from the totals.
Tap for the mix at a date.
Click reserve assets above to show only those.
04 · Backing ratio
Reserves against market cap
All chains together, at the report dates.
05 · Reserves today
Every reserve asset
| Reserve asset | Value | Share |
|---|---|---|
| Money market funds | $1.64B | 53.0% |
| T-Bills | $1.38B | 44.6% |
| Cash | $76.20M | 2.5% |
06 · Sources
18 reports behind these numbers
Paxos's monthly attestation reports, for all chains together. Each chain gets its share by circulating supply.
| Period | File | Source |
|---|---|---|
| 2026-09 | USDG-2026-09-Attestation-report.pdf | Original |
| 2026-08 | USDG-2026-08-Attestation-report.pdf | Original |
| 2026-07 | USDG-2026-07-Attestation-report.pdf | Original |
| 2026-06 | USDG-2026-06-Attestation-report.pdf | Original |
| 2026-05 | USDG-2026-05-Attestation-report.pdf | Original |
| 2026-04 | USDG-2026-04-Attestation-report.pdf | Original |
| 2026-03 | USDG-2026-03-Attestation-report.pdf | Original |
| 2026-02 | USDG-2026-02-Attestation-report.pdf | Original |
| 2026-01 | USDG-2026-01-Attestation-report.pdf | Original |
| 2025-12 | USDG-2025-12-Attestation-report.pdf | Original |
| 2025-11 | USDG-2025-11-Attestation-report.pdf | Original |
| 2025-10 | USDG-2025-10-Attestation-report.pdf | Original |
| 2025-09 | USDG-2025-09-Attestation-report.pdf | Original |
| 2025-05 | USDG-2025-05-Attestation-report.pdf | Original |
| 2025-03 | USDG-2025-03-Attestation-report.pdf | Original |
| 2024-12 | USDG-2024-12-Attestation-report.pdf | Original |
| 2024-11 | USDG-2024-11-Attestation-report.pdf | Original |
| 2024-10 | USDG-2024-10-Attestation-report.pdf | Original |