Paxos Labs Launches USDG0: A Fully Backed, Omnichain Stablecoin

Tuesday Nov 18 2025 20:10

Duration

2 min

  1. 1. Paxos Labs Unveils USDG0: Ushering in a New Era for Omnichain Stablecoins

  2. 1.1 What is USDG0?

  3. 1.2 Integration with Diverse Networks

  4. 1.3 Regulatory Compliance and Oversight

  5. 1.4 The Global Stablecoin Landscape

  6. 1.5 Emerging Players in the Market

Paxos Labs Unveils USDG0: Ushering in a New Era for Omnichain Stablecoins

Paxos Labs has announced the launch of USDG0, an omnichain version of its USDG stablecoin. This development represents a significant leap forward in the stablecoin space, aiming to provide fully backed US dollar liquidity across various blockchain networks.

What is USDG0?

USDG0 is an extension of USDG, a 1:1 dollar-backed stablecoin issued by Paxos and governed by the Global Dollar Network. By leveraging LayerZero’s OFT standard, USDG0 can traverse blockchains as a single native asset while maintaining the same regulatory protections and backing as USDG on Ethereum, Solana, Ink, and X Layer.

Integration with Diverse Networks

USDG0 will support yield-aligned trading and new lending markets on Hyperliquid. Plume and Aptos intend to utilize it to power modular DeFi, tokenized yields, and enterprise-grade stablecoin rails. USDG0 is designed to enable applications to embed dollar liquidity into their products, earn yield tied to Treasury benchmarks, and transfer value between chains without relying on traditional bridges.

Regulatory Compliance and Oversight

Paxos has processed over $180 billion in tokenization activity under the scrutiny of global regulators since 2018. The company oversees three regulated dollar-backed stablecoins: USDP, PayPal’s PYUSD, and USDG.

The Global Stablecoin Landscape

Stablecoins have experienced considerable growth, fueled by regulatory clarity in the United States and Europe. The stablecoin market capitalization stands at $303.44 billion, up nearly $100 billion since the start of the year. While USDT and USDC dominate the market, other players have entered the space from around the globe.

Emerging Players in the Market

Western Union has unveiled plans to launch USDPT, a US dollar-pegged stablecoin issued by Anchorage Digital Bank on Solana. JPYC, a Tokyo-based fintech firm, has launched Japan’s first yen-backed stablecoin. In Europe, a consortium of nine banks has announced the launch of a euro-pegged stablecoin.

Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients. 

Default Author Avatar

Written by:

Emma Rose

Asset List

View Full List
Most Traded Commodities Indices Crypto Shares Forex
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now
Asset
Sell
Buy
Change (%)

Trade Now

Trade Now

Trade Now

Trade Now

Latest

View all

Friday, 17 April 2026

Duration

4 min

Ukraine Seeks Air Defense Prowess Amid Russian Threats to European Drone Factories

Friday, 17 April 2026

Duration

3 min

Global Investors Ramp Up Dollar Hedging as Geopolitical Fears Subside

Thursday, 16 April 2026

Duration

3 min

Gold price today, April 17: XAUUSD climbs 3.6% amid oil volatility, how high will gold go in 2026?

Latest news

Thursday, 16 April 2026

Indices

Gold price today, April 17: XAUUSD climbs 3.6% amid oil volatility, how high will gold go in 2026?

Thursday, 16 April 2026

Indices

Crypto market update: Altcoin Season Index surges to 38, Altcoin price today (ALT/USD) is $0.000104

Thursday, 16 April 2026

Indices

Citi Warns of Twin Rate Hikes by SARB Amid Rising Oil Prices and Inflation Pressures

Thursday, 16 April 2026

Indices

Crypto Market News: South Korea Moves to Phase Out Government Cards in Favor of Blockchain Deposit Tokens

Wednesday, 15 April 2026

Indices

Middle East Financial News: Saudi Arabia Steps In with $3 Billion Aid for Pakistan as UAE Demands Debt Repayment

Wednesday, 15 April 2026

Indices

Gold price today, April 16: XAU/USD drifts below $4,800 as the US Dollar strengthens

Wednesday, 15 April 2026

Indices

How is the ZA economy doing right now: What is the current rate of unemployment in South Africa?

Wednesday, 15 April 2026

Indices

AI Industry Boom: What’s Driving the Allbirds ($BIRD) Stock Rally? Is Allbirds Inc the Next AI Giant?

Tuesday, 14 April 2026

Indices

Gold price today, April 15: XAUUSD was $4,830.58 per ounce, gold prices have risen 50.26% over the past 12 months

Tuesday, 14 April 2026

Indices

Investec Chief Economist Annabel Bishop Warns of Global Risk Aversion Impacting South Africa Investment in 2026

See all news