Paxos Launches USDG0 to Expand Its Regulated Stablecoin Across Various Blockchains

Launch of USDG0: Paxos Labs has introduced USDG0, an omnichain extension of its regulated USDG stablecoin, allowing it to operate across multiple blockchains without creating separate wrapped versions, while maintaining regulatory protections.

Integration with DeFi Ecosystems: USDG0 will enhance liquidity and support yield-aligned trading on platforms like Hyperliquid, Plume, and Aptos, enabling applications to embed dollar liquidity and transfer value seamlessly across chains.

Stablecoin Market Growth: The stablecoin market has seen significant growth, with a market cap of $303.44 billion, driven by regulatory clarity in the U.S. and Europe, and the emergence of new stablecoins from various global players.

Emerging Stablecoins: Recent announcements include Western Union's plans for a USD-pegged stablecoin and Japan's first yen-backed stablecoin, alongside a consortium of European banks launching a euro-pegged stablecoin by 2026.