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Paxos Bridges Stablecoin to Hyperliquid, Plume, and Aptos with USDG0

Key Takeaways

  • ​Paxos launched USDG0, which expands its regulated USDG stablecoin to multiple blockchains using LayerZero’s OFT standard;
  • USDG0 enables dollar-backed transfers across networks like Ethereum, Solana, Ink, and X Layer without wrapped tokens or bridges;
  • Hyperliquid, Plume, and Aptos will use USDG0 for trading, lending, and DeFi systems powered by secure, dollar-based liquidity.

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Paxos Bridges Stablecoin to Hyperliquid, Plume, and Aptos with USDG0

Paxos Labs has announced the launch of USDG0, a new version of its regulated USDG stablecoin that works across different blockchain networks.

This release connects dollar-backed liquidity to Hyperliquid $267.64M , Aptos APT $2.85 , and Plume, using LayerZero’s OFT standard to transfer funds between chains without separate wrapped tokens.

USDG is a stablecoin issued by Paxos and supported by actual US dollars on a one-to-one basis. It operates under the Global Dollar Network, which ensures compliance and oversight.

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The new USDG0 builds on this system, which allows the same stablecoin to function on multiple platforms while keeping its regulatory safeguards.

Through LayerZero’s technology, USDG0 can transfer between blockchains such as Ethereum ETH $3,032.37 , Solana SOL $138.37 , Ink, and X Layer as a single native asset. This removes the need for traditional bridging, which often adds extra risk or complexity.

In its first phase, Paxos is partnering with several networks to highlight how USDG0 can fit into different financial setups. On Hyperliquid, it will help develop trading options linked to yield and open lending opportunities.

Plume and Aptos plan to use it for modular decentralized finance (DeFi) systems, tokenized yield products, and reliable payment infrastructure for businesses.

USDG0 aims to make it easier for applications to include dollar liquidity, earn returns based on Treasury rates, and send value across chains efficiently.

Paxos describes the project as an example of “regulated infrastructure meeting the flexibility of DeFi".

Paxos recently created 300 trillion tokens and then removed them from the blockchain within less than 30 minutes. What happened? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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