LayerZero joins Global Dollar Network to enhance dollar infrastructure with omnichain USDG

LayerZero has joined the Global Dollar Network to provide interoperability infrastructure for USDG, Paxos’s regulated stablecoin. The partnership introduces USDG0, an omnichain version of the stablecoin that can move seamlessly across blockchain ecosystems without requiring separate wrapped versions on each chain. What USDG0 actually does USDG0 launched on November 18, 2025, built on LayerZero’s Omnichain Fungible Token (OFT) standard. Instead of Paxos needing to natively issue USDG on every blockchain individually, LayerZero’s technology lets the stablecoin travel to chains where Paxos doesn’t have direct issuance set up. This is a meaningful distinction from how most stablecoins work today. Typically, when you move a stablecoin from one chain to another, you end up with a “wrapped” version, essentially an IOU that represents the original token. Wrapped tokens introduce extra trust assumptions and liquidity fragmentation. USDG0 sidesteps that entirely by maintaining a unified token standard across chains. USDG itself is backed 1:1 by US dollars and holds regulatory approvals in both Singapore and Europe. USDG has surpassed $3.1 billion in circulation as of November 2025, growing f...