Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Paxos launches USDG0, injecting regulated dollar liquidity into the multi-chain ecosystem.

robot
Abstract generation in progress

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.

ZRO-5.13%
HYPE-1.61%
PLUME-8.05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
CryptoSpectovip
· 9h ago
good information 😁💐💐👏👏
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)