Paxos Debuts USDG0 to Extend Its Regulated Stablecoin Across Multiple Blockchains

Why It Matters

The launch shows that regulated stablecoins can achieve true cross‑chain composability, expanding liquid dollar access for DeFi and enterprise users while meeting compliance standards, and could set a blueprint for broader industry adoption of omnichain stablecoins.

Summary

Paxos Labs announced the launch of USDG0, an omnichain extension of its regulated USDG stablecoin that uses LayerZero’s OFT standard to move a single native asset across multiple blockchains—including Hyperliquid, Plume and Aptos—without creating wrapped versions. The token retains a 1:1 dollar backing and the same regulatory oversight as USDG on Ethereum, Solana, Ink and X Layer, preserving a unified supply across networks. USDG0 will support yield‑aligned trading on Hyperliquid and power modular DeFi, tokenized yields and enterprise‑grade stablecoin rails on Plume and Aptos, enabling apps to embed dollar liquidity and transfer value cross‑chain without traditional bridges. Paxos, which has processed more than $180 billion in tokenization activity, now adds this capability to its suite of regulated stablecoins, which also includes USDP and PYUSD.