Key Takeaways
- Paxos selected Plume to help support the initial release of USDG0, the new omnichain version of the USDG stablecoin.
- The networks were chosen for their active user base, liquidity, and infrastructure.
- USDG0 extends USDG’s fully backed, regulated model across multiple blockchains through LayerZero’s OFT standard, while preserving 1:1 reserves.
- Plume said the introduction of USDG0 will increase access to compliant, yield-linked dollar liquidity within its ecosystem.
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Plume, a blockchain platform focused on real-world asset infrastructure, has announced that it has been chosen by Paxos Labs as one of the three core networks supporting the initial launch of USDG0, the new omnichain version of the USDG stablecoin.
According to Plume’s announcement, the three networks, Plume, Hyperliquid and Aptos, were selected for the initial USDG0 rollout as they host some of the most active centers of on-chain activity and provide the liquidity, user engagement and technical reliability needed to support a regulated stablecoin
The inclusion of Hyperliquid and Aptos marks the first phase of USDG0’s deployment across multiple chains, as it extends the availability of compliant, yield-linked dollar liquidity within the ecosystem, according to Plume.
USDG0 is the omnichain extension of USDG, Paxos’ fully backed stablecoin, which currently holds a market capitalization of more than $997 million, and underpins the Global Dollar Network, a regulated settlement layer that connects leading chains.
The new version operates through LayerZero’s OFT standard, allowing USDG to be moved across networks while maintaining its backing.
Plume said the introduction of USDG’s new version will allow native liquidity to form across its core network and the Nest ecosystem, with the token offering compliant yield.
The company added that developers will gain access to more stable funding sources for decentralized finance applications and that its community of more than 280,000 users will be able to transact with a regulated dollar asset on the platform.
Plume is proud to join the initial USDG0 launch cohort, alongside Hyperliquid and Aptos. USDG0 brings a fully backed, yield-aligned stablecoin infrastructure into the Plume ecosystem, enabling a new level of trusted, compliant liquidity for our community.” said Teddy Pornprinya, Co-Founder and CBO of Plume.
How USDG0 May Influence On-chain Activity
Users could notice practical shifts as USDG’s new version becomes active on the network, as it gives Plume users a regulated dollar instrument that can move across chains while remaining within the platform’s RWA environment.
The new stablecoin is expected to offer a steadier settlement option for on-chain transactions, which could reduce friction for applications that depend on predictable cash-equivalent liquidity.
Additionally, the integration could reduce complexity for developers by providing a compliant stablecoin that serves as a liquidity resource for DeFi builders.
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