USDG0 Is Here. Developed by @PaxosLabs and powered by LayerZero, USDG0 is the extension to USDG, built to expand the Global Dollar to new ecosystems, starting with @HyperliquidX, @plumenetwork, and @Aptos. The Global Dollar: Now in motion
Announcing USDG0: the next evolution of stablecoin infrastructure. Developed by Paxos Labs and powered by @LayerZero_Core, USDG0 brings the @global_dollar (USDG) to every ecosystem starting with @HyperliquidX, @PlumeNetwork, and @Aptos. 🧵
USDG0 is the expansion strategy for USDG — the $1B regulated stablecoin issued by a consortium of fintech leaders and governed by @global_dollar (GDN). Built with LayerZero’s OFT Standard, USDG0 brings @Paxos-grade trust to new chains for users to build, trade, and transact.
@ronakdaya USDG0 extends the borderless nature of tokenized dollars to new blockchains. With LayerZero, USDG0: ▪ Moves 1:1 without slippage across chains ▪ Maintains Paxos-level security for all txs ▪ Settles in seconds, like data on the internet ▪ Can be used in any DeFi application
Phase 1 of USDG0 will see it rolled out to @Hyperliquid, @Plume, and @Aptos, with ecosystem initiatives launched to drive adoption and usage. For users, USDG0 can be moved to Hyperliquid on the USDG0 portal today, with Plume and Aptos support coming soon on Stargate.
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