USDG0 Expands Multi-Chain Distribution Based on LayerZero

USDG0 is expanding the multi-chain distribution of USDG on Hyperliquid, Fluum, and Aptos. USDG0 is designed to allow the use of USDG across multiple blockchains without the need for a separate wrapping token. Paxos Labs has stated that USDG0 is powered by LayerZero's technology. USDG0 is based on LayerZero's Omni-Chain Fungible Token (OFT) standard and initially supports Hyperliquid, Fluum, and Aptos. USDG is a USD-pegged stablecoin issued by Paxos, which exceeded a market capitalization of $1 billion on December 4, 2025, with over 100 network partners. Currently, the market capitalization of USDG is $34.826 billion, with a circulating supply of 34.837 billion USDG. USDG is regulated by the Monetary Authority of Singapore and the Finnish Financial Supervisory Authority, and it publishes proof reports on its reserves monthly. OFT is a technical standard designed to enable the transfer of the same token across multiple blockchains. USDG0 is designed to connect stablecoin liquidity to apps and protocols and facilitate value transfer across networks. LayerZero reported in its materials as of June 3, 2026, that it has moved over $260 billion in value across 165 networks.

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