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 wrapped token versions, powered by LayerZero’s Omnichain Fungible Token standard. USDG, backed 1:1 by US dollars with regulatory approvals in Singapore and Europe, has surpassed $3.1 billion in circulation as of November 2025, growing from under $1 billion just seven months earlier. The Global Dollar Network, launched in late 2024, redistributes a substantial portion of reserve yields to its more than 150 enterprise partners, including Mastercard and OKX.
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