Aleo Joins The Global Dollar Network to Advance Privacy-Preserving Stablecoin Infrastructure

The Aleo Network Foundation has joined the Global Dollar Network (GDN). The stablecoin consortium, founded by Paxos, that supports various distributors of the USDG stablecoin and includes other members like Robinhood, Worldpay, Standard Chartered, Kraken, and Anchorage Digital. 

Aleo is the first privacy-preserving Layer-1 blockchain to join GDN. Built specifically for private payments, Aleo provides new growth opportunities for USDG and GDN, filling an essential gap in the stablecoin ecosystem by making payments programmable and secure. This integration into the network paves the way for new institutional and developer use cases, making blockchain viable for scenarios where data sensitivity, confidentiality, and user protection are paramount.

Bridging Privacy and Compliance in Digital Payments

"Aleo's mission is putting programmable privacy at the center of blockchain innovation," said Josh Hawkins, Executive Vice President, Strategy, Policy & Communications at Aleo. "Joining the Global Dollar Network is both a recognition of Aleo's unique technology stack and an opportunity to shape tomorrow's financial systems."

Despite a $172 billion market cap and $27.6 trillion in volume processed in 2024, less than 0.01% of stablecoin activity is fully encrypted, leaving institutions, merchants, and users vulnerable to exposure. As blockchain moves into the mainstream, privacy remains the essential missing link for widespread adoption.

USDG is issued by Paxos Digital Singapore under strict regulatory oversight in Singapore, the European Union, and the US, ensuring transparency and trust for global users. This regulatory foundation, combined with Aleo's zero-knowledge infrastructure, creates new possibilities for compliant private payments.

Ready to Build the Future of Private Payments?

The partnership comes at a critical moment for digital asset adoption. As policymakers around the world push for regulated stablecoin frameworks to unlock the benefits of digital dollars, privacy and compliance remain major hurdles.

Companies looking to build the next generation of compliant and private payments solutions can now explore how Aleo's zero-knowledge infrastructure enables confidential stablecoin applications with USDG integration. Whether you're leading private payment systems, confidential DeFi protocols, or enterprise solutions that require regulatory compliance without sacrificing user privacy, Aleo provides the tools to make it possible. You can contact us through our official Discord server to discuss institutional use cases.