The official corporate arm of the Dogecoin Foundation is plugging DOGE into the same OCC-regulated brokerage stack that already powers crypto on PayPal, Venmo, Interactive Brokers and Mercado Libre.

Fueled by PYUSD and PAXG, Paxos’ total assets are up more than fivefold over the last 365 days.

The bridged stablecoin will initially roll out on Hyperliquid, followed by Plume and Aptos.

The accidental move briefly made PayPal’s PYUSD the largest stablecoin in the world before Paxos burned the newly minted supply.

The Paxos-backed stablecoin is growing quickly as investors pile in to take advantage of the network’s revenue sharing.

PAXG and XAUt trading volumes hit fresh highs last week as spot gold surged above $3,100/oz.

Deal Could Generate $70M Annually For Maker