The Aleo Network Foundation, the non-profit corporation responsible for overseeing and supporting the health of the Aleo Network (Aleo), a privacy-first infrastructure to power secure, programmable, global payments, unveiled their inclusion in Global Dollar Network (GDN). GDN is the world’s fastest growing stablecoin network with unmatched economic upside that is powered by the USDG stablecoin. USDG is available on Solana, Ink and Ethereum.
Members of the network include Robinhood, Worldpay, Kraken, Aleo, Anchorage Digital, Paxos and more.
This initiative is 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 as well as compliance remain major hurdles.
Aleo remains the first Layer 1 blockchain to join GDN. It is uniquely built for private payments providing new growth opportunities for USDG and GDN, addressing a major gap in the stablecoin ecosystem by enabling programmable, encrypted payments. To start, the Foundation will use USDG to enable treasury management as well as vendor payments. The Foundation’s participation in 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.
Despite a USD 270B market cap and UD 27.6T in volume processed in 2024, less than 0.01% of stablecoin activity is fully encrypted, leaving institutions, merchants, and users exposed. As blockchain moves to the mainstream, privacy is the essential missing link for adoption at scale.
Executive Statement
According to BJ Mahal, Head of Partnerships at The Aleo Foundation, Aleo’s mission is putting programmable privacy at the center of blockchain innovation. Joining Global Dollar Network is both a recognition of Aleo’s unique technology stack and an opportunity to shape tomorrow’s financial systems.
