Hyperliquid News Today: Paxos' USDG0: Regulated Liquidity Across Chains Without Bridge Risks

Paxos Launches USDG0 Stablecoin to Expand Regulated Dollar Liquidity Across Multiple blockchains

Paxos Labs has introduced USDG0, an omnichain extension of its regulated USDG stablecoin, to provide fully backed dollar liquidity across Hyperliquid, Plume, and Aptos via LayerZero's OFT standard. The move aims to streamline cross-chain transactions while maintaining regulatory compliance and 1:1 dollar backing. USDG0 operates as a single native asset across these blockchains, eliminating the need for wrapped tokens or custodial bridges that introduce security risks.

The stablecoin's deployment on Hyperliquid, Plume, and Aptos is tailored to specific use cases. Hyperliquid will leverage USDG0 for yield-aligned trading pairs and lending markets, while Plume and Aptos plan to integrate it into modular DeFi infrastructure and tokenized yield strategies according to reports. By using LayerZero's OFT standard, USDG0 preserves the same regulatory oversight and redemption guarantees as USDG on Ethereum, Solana, and other primary networks.

Paxos emphasized that USDG0 aligns with its vision of combining regulated infrastructure with DeFi's composability. The company has processed over $180 billion in tokenization activity since 2018 under global regulatory oversight. Its existing stablecoin portfolio includes USDP, PayPal's PYUSD, and USDG, which now extends to USDG0's omnichain framework.

The launch coincides with a broader surge in stablecoin adoption. Regulatory clarity in the U.S. under the GENIUS Act and Europe's MiCA framework has driven the stablecoin market cap to $303.44 billion, up nearly $100 billion year-to-date. While Tether's USDT and Circle's USDC dominate market share, new entrants like Western Union's USDPT and Japan's yen-backed stablecoin highlight a shift toward enterprise-grade solutions.

Paxos' USDG0 also reflects growing institutional demand for cross-chain liquidity. The stablecoin's ability to enable instant, compliant transfers without bridges addresses a key pain point for developers and enterprises. For instance, Trovata recently partnered with Paxos to launch CORP$, a stablecoin service for corporate treasury management. Similarly, partnerships like Toku and PDAX's integration for Filipino workers demonstrate stablecoins' expanding role in payroll and remittances according to reports.

Critics argue that fragmented stablecoin ecosystems remain a challenge, but USDG0's unified supply model across chains reduces complexity. By maintaining a single asset supply controlled by Paxos, the stablecoin mitigates risks associated with minting separate tokens on each blockchain. This approach aligns with global regulators' push for fully backed, transparent stablecoins, positioning Paxos as a bridge between compliance and multi-chain DeFi growth.