Paxos Unveils USDG0 Stablecoin to Broaden Regulated Dollar Access Across Multiple Blockchains
Paxos Labs has rolled out USDG0, an omnichain version of its regulated USDG stablecoin, designed to deliver fully collateralized dollar liquidity on Hyperliquid,
Plume
, and
Aptos
through LayerZero's OFT protocol. This initiative
seeks to simplify cross-chain operations
while upholding regulatory standards and ensuring a 1:1 dollar reserve. USDG0 functions as a unified native token across these networks,
removing the reliance on wrapped assets
or custodial bridges that could pose security threats.
The stablecoin’s integration with Hyperliquid, Plume, and Aptos is customized for each platform. Hyperliquid will utilize USDG0 for yield-focused trading pairs and lending, whereas Plume and Aptos aim to incorporate it into modular DeFi systems and tokenized yield products
as reported
. Leveraging LayerZero’s OFT protocol, USDG0
retains the same regulatory scrutiny
and redemption assurances as USDG on
Ethereum
,
Solana
, and other leading blockchains.
Paxos highlighted that USDG0 supports its mission to merge regulated frameworks with the flexibility of DeFi. The firm
has facilitated over $180 billion
in tokenization since 2018 under international regulatory supervision. Its current stablecoin lineup features
USDP
, PayPal’s PYUSD, and USDG,
which now expands to include USDG0’s omnichain model
.
The debut comes amid a significant uptick in stablecoin usage.
Clearer regulations
in the U.S. via the GENIUS Act and in Europe through MiCA have pushed the stablecoin market cap to $303.44 billion, an increase of nearly $100 billion so far this year. While Tether’s
USDT
and Circle’s
USDC
continue to lead,
newcomers such as Western Union’s USDPT
and a yen-backed stablecoin from Japan signal a move toward solutions tailored for enterprises.
Paxos’ USDG0 also demonstrates rising institutional interest in cross-chain liquidity. Its capacity for instant, compliant transfers without the need for bridges addresses a major challenge for both developers and businesses. For example,
Trovata has recently teamed up with Paxos
to introduce CORP$, a stablecoin product for managing corporate treasuries. Likewise, collaborations like Toku and PDAX’s integration for Filipino workers show stablecoins’ growing importance in payroll and remittance services
as reported
.
Some critics point out that fragmented stablecoin markets remain problematic, but USDG0’s unified supply across chains helps streamline the landscape. By
keeping a single asset supply
under Paxos’ control, the stablecoin reduces the risks linked to issuing separate tokens on each network. This strategy
supports the global regulatory trend
toward fully collateralized and transparent stablecoins, positioning Paxos as a connector between regulatory compliance and the expansion of multi-chain DeFi.
