New token unifies liquidity across multiple blockchains while preserving a single regulated dollar-backed supply
Paxos has introduced USDG0, a new omnichain version of its regulated USDG stablecoin, aiming to streamline dollar liquidity across an expanding range of blockchain networks. The release extends the stablecoin’s footprint to Hyperliquid, Plume and Aptos through LayerZero’s OFT (Omnichain Fungible Token) standard.
USDG0 acts as a native, single-supply asset that can move freely between chains without creating wrapped or synthetic versions. This approach keeps one regulated pool of dollar backing while enabling seamless mobility across networks, an architecture Paxos says is designed to address longstanding fragmentation in stablecoin liquidity.
A senior blockchain analyst described the launch as “a shift toward unified stablecoin design that reduces cross-chain risk and strengthens regulatory assurance across ecosystems.”
Unified liquidity designed for DeFi and enterprise rails
According to Paxos, USDG0 will play different roles across its initial integrations. Hyperliquid expects it to support yield-aligned trading and new lending markets, while Plume and Aptos plan to use it to power modular DeFi applications, tokenized yield systems and enterprise settlement rails.
“Developers get the ability to embed fully backed dollar liquidity into their products without worrying about bridges or fragmented supply,” said a DeFi infrastructure researcher. “That’s a meaningful upgrade from the current multi-chain stablecoin model.”
USDG0 inherits the same regulatory oversight and backing as USDG, which is governed by Paxos’ Global Dollar Network and already operates on Ethereum, Solana, Ink and X Layer.
Regulated stablecoins gain global momentum
The launch comes as global regulatory clarity fuels rapid stablecoin expansion. The stablecoin market has grown to over $300 billion this year, supported by frameworks such as the GENIUS Act in the United States and Europe’s MiCA regime.
Despite dominance from USDT and USDC, new entrants continue to accelerate. Recent developments include Western Union preparing a US-dollar stablecoin for cross-border operations, Japan’s debut of a bank-backed yen-pegged token, and a nine-bank European consortium building a euro-backed stablecoin slated for 2026.
As regulated issuers compete to shape the next phase of digital money, USDG0 positions Paxos to push stablecoins deeper into multi-chain finance and enterprise systems.
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