Paxos Unveils USDG0: The Stablecoin That’s Everywhere (Except Your Wallet)

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Paxos Labs has just launched USDG0, a stablecoin so versatile it’s like a Swiss Army knife in a blockchain world. 🪓💰 It’s not just a token; it’s a multiverse of liquidity, zipping across Hyperliquid, Plume, and Aptos like a confused squirrel on a trampoline. 🐿️🚀

According to an X post from Paxos Labs, USDG0 is the “omnichain extension” of their beloved USDG, which is basically a 1:1 dollar-backed stablecoin that’s more reliable than your average politician’s promises. 🤝💸

By using LayerZero’s OFT standard, USDG0 can cross blockchains like a ninja, all while keeping its regulatory protections as tight as a drum. 🥁 It’s like having a passport stamped by the entire crypto world, but with fewer queues. 🌍

Paxos claims USDG0 will let Hyperliquid users trade yield-aligned assets like they’re at a buffet, while Plume and Aptos will use it to power “modular DeFi” – which is just a fancy way of saying “we’re trying to be less boring.” 🧠💡

Across all three ecosystems, USDG0 is designed to let apps embed dollar liquidity into their products, earn yield tied to Treasury benchmarks, and transfer value between chains without relying on bridges. Because who needs bridges when you can have a magic carpet? 🧙‍♂️✈️

The company says this initiative is “how regulated infrastructure meets the composability of DeFi,” which sounds like a techy way of saying “we’re trying to be both a librarian and a rock band.” 📚🎸

Since 2018, Paxos has processed over $180 billion in tokenization activity, which is enough to buy a small country (but not enough to convince people to trust them). 🏴‍☠️💸

Stablecoins Around the World

Regulatory clarity in the US and Europe has sparked a stablecoin boom, with the market cap hitting $303.44 billion. It’s like the crypto version of a party where everyone’s invited, but no one knows the rules. 🎉

While USDT and USDC still dominate, other players are making waves. For example, Western Union is launching USDPT, a stablecoin so “innovative” it’s basically a digital version of a paper check. 📄💸

In October, JPYC launched Japan’s first yen-backed stablecoin, which is like a traditional tea ceremony but with blockchain. 🍵🧾

Meanwhile, a European consortium of nine banks is launching a euro-backed stablecoin in 2026. Because nothing says “innovation” like waiting until the next decade to catch up. 🕒

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2025-11-19 00:00