Paxos Labs Launches Amplify Transit, Processes $30M in Cross-Chain Stablecoin Conversions by July 15

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PYUSD-0.04%
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MORPHO3.62%
Paxos Labs launched Amplify Transit on July 15, a cross-chain stablecoin conversion platform that enables platforms and protocols to move value between USDC, USDG, and PYUSD across Ethereum and Robinhood Chain with locked exchange rates and fixed fees. According to the company, the service processed nearly $30 million in transaction volume on Robinhood Chain between its July 1 launch and July 13. The solution integrates via a single API and provides guaranteed output amounts with 24/7 availability. Morpho, Jumper, Across, and Arcus have selected Amplify Transit for their Robinhood Chain expansion.
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