Paxos-issued stablecoin USDG has reached a market cap of $3.2 billion, marking a 340% annual growth driven by native integrations across major blockchain networks.
Paxos has launched its USDG stablecoin on Arbitrum, with the network proposing a 100 million ARB incentive program to drive adoption and liquidity.
Pendle Finance has launched a fixed-yield market for the Paxos-issued USDG stablecoin on the Robinhood Chain, offering users a way to lock in returns through March 2027.
Paxos’ USDG stablecoin reached $21.8 billion in trading volume on Uniswap in September, driven by new dynamic fee mechanisms on the v4 protocol.
