Paxos launches USDG0, injecting regulated US dollar liquidity into the multi-chain ecosystem
Jinse Finance reported that Paxos Labs has officially launched USDG0—an interchain extension of its regulated stablecoin USDG. This stablecoin adopts LayerZero’s OFT (Omnichain Fungible Token) standard, bringing 100% reserve-backed US dollar liquidity to the Hyperliquid, Plume, and Aptos blockchain networks. This move means that the coverage of Paxos’ regulated stablecoin has further expanded, no longer limited to the initially issued networks such as Ethereum, Solana, Ink, and XLayer. 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 features of the mainnet USDG: the same level of regulatory oversight, 1:1 US dollar reserve backing, and equivalent redemption guarantees.
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