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Paxos launches USDG0, injecting regulated dollar liquidity into the multi-chain ecosystem.
Golden Finance reports that Paxos Labs has officially launched USDG0 — a cross-chain extension of its regulated stablecoin USDG. This stablecoin adopts LayerZero's OFT (cross-chain Fungible Token) standard, bringing 100% reserve-backed USD liquidity to the three major blockchain networks: Hyperliquid, Plume, and Aptos. This move means that the coverage of Paxos' regulated stablecoin is further expanded, no longer limited to the initially issued Ethereum, Solana, Ink, and X Layer networks. Unlike wrapped tokens or cross-chain bridge versions of tokens, USDG0 exists as a “single native asset” across multiple blockchains. This structure allows it to maintain the core characteristics of the mainnet USDG: equivalent levels of regulatory oversight, 1:1 USD reserve support, and equal redemption guarantees.