Paxos Labs has expanded its regulated stablecoin suite on the Aptos blockchain by integrating USDG0, an omnichain version of its USD-backed asset. The launch marks the second Paxos-issued stablecoin to go live on Aptos this year. Further, it strengthens the network’s positioning as a compliance-focused settlement layer for institutional and cross-chain liquidity.
USDG0 is built from USDG, Paxos’ regulated stablecoin, which now has a market cap of more than $1.2 billion. Instead of working like a traditional wrapped asset that locks collateral on one chain, USDG0 uses LayerZero’s burn-and-mint system to move natively across supported networks such as Ethereum, Solana, and Hyperliquid. The design aims to reduce liquidity fragmentation and make cross-chain DeFi activity smoother and more efficient.
The latest @TokenRelations release is Aptos alpha-packed.
From @PaxosLabs bringing USDG @global_dollar to Aptos via @LayerZero_Core as USDG0, to ecosystem news including @DecibelTrade testnet and @Aave ‘s Aptos Incentive Program, network wins, and more 👇
— Aptos (@Aptos) November 28, 2025
The Aptos Foundation confirmed that developers will gain access to a fully regulated, 1:1 USD-backed stablecoin operating under Singapore’s MPI license and Europe’s MiCA framework. The dual-jurisdiction model allows banks, payment providers, and brokers in both regions to custody or offer USDG without additional regulatory hurdles. Wallets such as Petra and OKX will support USDG0 at launch.
The broader Aptos ecosystem reported increased activity driven by new DeFi releases and protocol upgrades. Decibel launched its onchain DEX to testnet with yield vaults, Hyperion detailed yield strategies for USD1 holders, and Panora integrated Chainlink CCIP to enable cross-chain transfers of wrapped bitcoin and stablecoin assets.
Aave’s deployment on Aptos reached a record $22.6 million in TVL, while peer-to-peer stablecoin transfers hit an all-time high of 3.7 million on November 21. Aptos’ stablecoin market cap climbed back to a record $1.63 billion during the week.
Notably, Aptos Labs announced the acquisition of HashPalette Inc., a subsidiary of HashPort Inc. and the developer of the Palette blockchain. This acquisition is part of Aptos’ strategic initiative to strengthen its foothold in Japan’s rapidly growing blockchain ecosystem, further enhancing its value proposition for users and partners alike.