USDG0 Launches for Cross-Chain Stablecoin Integration

Paxos Labs has launched USDG0, a new infrastructure enabling the global dollar to move seamlessly across various blockchain ecosystems. The introduction of USDG0 expands the reach of Paxos’ regulated “Global Dollar” stablecoin (USDG), which is backed one-to-one by U.S. dollars held in regulated financial institutions. This cross-chain integration leverages LayerZero’s omnichain messaging technology to provide a secure and efficient bridge for stablecoin transactions.