Paxos just took another big step toward building stablecoins that work smoothly across many blockchains. The company is rolling out its new omnichain stablecoin, USDG0, and it’s starting with three fast-growing networks.
According to an announcement on November 24, Paxos chose Plume, Hyperliquid, and Aptos as the first partners to launch USDG0. The token is an upgraded, multi-chain version of Paxos’ regulated USDG stablecoin and was built using LayerZero’s OFT standard, which allows assets to move natively across chains without using risky bridges.
A unified stablecoin for multiple blockchains
USDG0 follows the same model as USDG — fully backed 1:1 with cash, short-term U.S. Treasuries, and cash equivalents. Monthly audits by Withum help ensure transparency. The way it works is simple: USDG is locked in audited smart contracts, and USDG0 is minted on whichever chain users want to use. This eliminates issues like fragmented liquidity and wrapped tokens.
Why these three networks?
Plume
Plume says the launch positions it as a major distribution point for regulated liquidity. The network has more than 280,000 holders of real-world assets and over $645 million in RWA total value locked. USDG0 gives its users a stablecoin with yield tied to U.S. Treasury rates, deeper liquidity for DeFi builders, and easier access for global users.
Hyperliquid
Hyperliquid, a popular decentralized derivatives platform, plans to use USDG0 for new trading pairs, lending markets, and collateral options. Community governance is expected to expand how USDG0 can be used across perpetual trading and other on-chain financial products.
Aptos
Aptos becomes the first chain to offer a Move-native OFT stablecoin through LayerZero. The Aptos Foundation says this supports enterprise-level activity and makes the chain more attractive to institutions that need safe, regulated settlement tools. Paxos sees Aptos as a key network for business-grade stablecoin usage.
New tools for an omnichain future
The USDG0 launch also comes with new infrastructure:
- A USDG0 Portal for cross-chain swaps
- Low-fee APIs for large transactions
- Unified liquidity tracking across all supported chains
Paxos is already exploring launches on Solana, Ethereum, Ink, and X Layer next.
By starting with three networks — each in a different area of crypto (RWAs, derivatives, and enterprise tools) — Paxos is positioning USDG0 to grow quickly while staying fully regulated and easy to move across chains.
