Paxos Launches USDG0 on Aptos, Expanding Stablecoin Liquidity and Cross-Chain Access
Quick Breakdown
- Paxos’ USDG0 stablecoin launches on Aptos, enabling cross-chain transfers with LayerZero’s burn-and-mint model.
- USDG0 offers regulated, 1:1 USD backing under Singapore MPI and Europe MiCA licenses for institutional adoption.
- Aptos stablecoin ecosystem grows, supporting wallets, DeFi protocols, and expanding market cap to $1.63B.
Paxos Labs has expanded its regulated stablecoin suite on the Aptos blockchain by integrating USDG0, an omnichain version of its USD-backed asset. The launch marks the second Paxos-issued stablecoin to go live on Aptos this year. Further, it strengthens the network’s positioning as a compliance-focused settlement layer for institutional and cross-chain liquidity.
USDG0 brings omnichain transfers and institutional compliance to Aptos
USDG0 is built from USDG, Paxos’ regulated stablecoin, which now has a market cap of more than $1.2 billion. Instead of working like a traditional wrapped asset that locks collateral on one chain, USDG0 uses LayerZero’s burn-and-mint system to move natively across supported networks such as Ethereum, Solana, and Hyperliquid. The design aims to reduce liquidity fragmentation and make cross-chain DeFi activity smoother and more efficient.
The latest @TokenRelations release is Aptos alpha-packed.
From @PaxosLabs bringing USDG @global_dollar to Aptos via @LayerZero_Core as USDG0, to ecosystem news including @DecibelTrade testnet and @Aave ‘s Aptos Incentive Program, network wins, and more 👇
— Aptos (@Aptos) November 28, 2025
The Aptos Foundation confirmed that developers will gain access to a fully regulated, 1:1 USD-backed stablecoin operating under Singapore’s MPI license and Europe’s MiCA framework. The dual-jurisdiction model allows banks, payment providers, and brokers in both regions to custody or offer USDG without additional regulatory hurdles. Wallets such as Petra and OKX will support USDG0 at launch.
Aptos ecosystem activity accelerates as stablecoin demand grows
The broader Aptos ecosystem reported increased activity driven by new DeFi releases and protocol upgrades. Decibel launched its onchain DEX to testnet with yield vaults, Hyperion detailed yield strategies for USD1 holders, and Panora integrated Chainlink CCIP to enable cross-chain transfers of wrapped bitcoin and stablecoin assets.
Aave’s deployment on Aptos reached a record $22.6 million in TVL, while peer-to-peer stablecoin transfers hit an all-time high of 3.7 million on November 21. Aptos’ stablecoin market cap climbed back to a record $1.63 billion during the week.
Notably, Aptos Labs announced the acquisition of HashPalette Inc., a subsidiary of HashPort Inc. and the developer of the Palette blockchain. This acquisition is part of Aptos’ strategic initiative to strengthen its foothold in Japan’s rapidly growing blockchain ecosystem, further enhancing its value proposition for users and partners alike.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Here’s why BlackRock believes autonomous AI systems will drive next stablecoin boom
BlackRock expects exchange-traded compute futures as it pitches stablecoins for AI agents
Report: TSMC to Raise Wafer Foundry Prices by 3% to 6% Starting January Next Year, Order Visibility Extended to 2030
According to media reports, TSMC's advanced and high-priced processes such as 2nm and 3nm have seen the largest price increases; mature and specialty processes are subject to individual negotiation based on products, capacity utilization, and customer conditions. Currently, TSMC's 8-inch fabs have a capacity utilization rate exceeding 100%, and processes below 45nm are at full capacity. The construction of AI data centers is not only driving demand for GPU and HBM, but also boosting orders for mature processes such as PMIC, MCU, and analog ICs.
U.S. Treasury plans to repurchase up to $6 billion in long-term bonds, 30-year yield hits highest since 2007
This is the second round of enhanced long-term bond buybacks by the Treasury, this time focusing on 20- to 30-year government bonds. After the announcement of the planned upper limit, the yield on 30-year U.S. Treasury bonds continued to rise, at one point exceeding 5.4%. In the first round of enhanced buybacks two weeks ago, the upper buyback target was also $6 billion, which was lower than some market participants had expected, and the actual buyback amounted to only $5.2 billion due to insufficient competitive bidding, according to the Treasury.
