FOMO Pay, a payment institution headquartered in Singapore, with additional licenses in Hong Kong and the United Arab Emirates (UAE), has joined the Global Dollar Network (GDN), an open, enterprise-driven network designed to accelerate global adoption of stablecoins and will advance stablecoin adoption in MENA ( Middle East North Africa).
As per the press release, FOMO Pay will integrate Global Dollar (USDG), a stablecoin issued by Paxos, into its digital payment infrastructure, enabling near-instant, transparent, and regulated stablecoin payments for merchants and corporates.
The integration of USDG will allow FOMO Pay’s broad merchant base, spanning sectors such as F&B, hospitality, and retail, to accept USDG payments from their end customers seamlessly. This addition enhances consumers’ checkout experience with more flexible payment options, translating digital currency innovation into real-world utility. In parallel, FOMO Pay’s corporate clients will be able to leverage USDG to streamline cross-border payments with greater speed, transparency, and regulatory confidence.
Louis Liu, Founder and CEO of FOMO Pay, said, “The broader adoption of regulated stablecoins marks the next chapter in financial innovation, unlocking new possibilities for faster, more transparent, and compliant payments. USDG is a meaningful step in that direction, and we are pleased to join the Global Dollar Network as one of its first members to advance stablecoin adoption. Backed by FOMO Pay’s strong local banking and payment infrastructure across Southeast Asia, the Greater Bay Area, and the Middle East and North Africa, we stand ready to help shape a more inclusive and interoperable future for digital finance.”
FOMO Pay is dedicated to partnering with industry leaders to deliver faster, more cost-effective, and regulated payment solutions. By enhancing cross-border payments and facilitating real-world use cases for stablecoins, the company continues to drive innovation in digital finance. Through its efforts, FOMO Pay aims to make modern financial instruments more accessible to businesses, ultimately contributing to a more inclusive and interoperable global payments ecosystem.
