The stablecoin market has largely focused on issuance. PayPal worked with Paxos to issue PYUSD. Ripple launched RLUSD. The Global Dollar Network brought USDG to market with a consortium of the industry's largest platforms. A growing list of banks, fintechs, and platforms like MetaMask, Phantom, and Revolut, are building stablecoins and the infrastructure around them. The rails and demand are proven, with stablecoins settling more than $28 trillion in 2025 alone.
At the same time a fast-growing set of platforms, like Robinhood with its new chain, are making stablecoins central to how they operate.
The question those platforms and teams build on them, where all of these dollars actually land inevitably ask is “what happens next.”
Issuance is only the first step. What comes next is movement and monetization
The moment a platform supports more than one stablecoin, or operates across more than one chain, it inherits a liquidity problem. A payments company settles in PYUSD. A trading desk holds USDC. An exchange runs on USDG. Assets arrive in every form, and all of them have to be converted, moved, and unified before they are useful.
Today there are two ways to achieve this, and each one forces a tradeoff that makes it harder and more expensive than it should be. Convert a few dollars and pricing is an afterthought. Convert millions daily and you are exposed to clearing hours, variable spreads, slippage, and the depth of whatever liquidity happens to be available the moment you need to execute.
There is a more subtle cost. Any business that wants to scale needs predictable terms and margins on the infrastructure it runs on. That is how you price a product, quote a customer, and forecast a quarter. Stablecoin conversions have been the exception, priced by a spread that moves with the market. A platform cannot offer its own users clean, predictable pricing if its own costs swing from four basis points to twelve and back. Predictability at the infrastructure layer is what lets a platform put a clear price in front of its customers.
Onchain liquidity like DEXs and AMMs run around the clock however pricing moves with the market, slippage grows with order size, and every conversion depends on the liquidity in the pool the moment you execute.
Native mint redeem offers fixed and predictable pricing but availability is constrained by the issuer's capacity and hours, and settlement can pause on nights and weekends. So platforms stitch the two together with bridges, solvers, and compliance checks, maintain that stack forever, and still trade predictable pricing against reliable availability on every conversion.
Transit combines the fixed, guaranteed pricing of native mint and redeem with the around-the-clock availability of onchain liquidity, converting between major stablecoins across chains through a single integration, at a rate platforms can model before they build.
We built Transit because we deeply understood the need
Paxos Labs was incubated within Paxos, the regulated infrastructure leader that has spent years issuing and scaling stablecoins, including USDG, PYUSD, and more. That gave us firsthand experience in what it takes to launch a new dollar, get it used at scale, and the walls every platform eventually hits: moving between stablecoins predictably, at size, at all hours.
So we built Transit, and we are making it available to every platform facing the same problem.
What is Transit
Transit is stablecoin conversion infrastructure, to convert between major stablecoins within and across chains through a single integration. At a fixed rate with no slippage or variable pricing so platforms can model before they build.
- One price at any size. A flat fee per route, whether moving $5 or $50 million in an order.
- Rate locked before submission. The output amount is guaranteed on a per route basis without slippage between quote and settlement, and no minimum-out to set.
- One API for ease of integration. One endpoint permits support, and it works with any wallet client, with the ability for integrators to layer their own pricing on top.
- Chain-agnostic by design. Conversion, routing, and compliance screening handled automatically, across chains.
- Always on. Conversions execute around the clock, including nights, weekends, and holidays, with none of the business-hours gaps of legacy clearing.
Built for platforms of all sizes
Transit is built for the platforms where stablecoins accumulate: exchanges, wallets, treasuries, fintechs, and protocols. They all face the same problem set, and they all want the same two things: predictable economics and control over the experience their users have with their product. Transit is the movement layer and enables platforms to maintain the user relationship, interface, and margins.
For platforms moving at enterprise scale, terms can be structured to fit the business rather than forcing every route and every customer into one rate.
Move, then Monetize
Moving stablecoins predictably is the first job. Putting them to work is the next. The balances that flow through conversion rarely sit still for long, and they should not sit idle while they wait.
Transit is the movement layer of Amplify, the Paxos Labs stack for platforms that want to mint, move, and monetize digital assets. The same balances, Transit routes across chains can be put to work through Amplify Earn, so a platform's treasury and its users' holdings generate yield in the configuration that fits its own liquidity needs and risk appetite, from conservative treasury strategies to institutional lending.
This is where the stack compounds. Orchestrate the stablecoins arriving on your platform with Transit, then optimize what lies passive with Earn. Movement and monetization become one motion, through one integration.
Live on Robinhood Chain from day zero
Robinhood Chain launched with USDG as its native stablecoin, and Paxos Labs has supported the chain and platforms building on it from launch. Transit is the first implementation moving stablecoins into and across the chain. For our partners on Robinhood Chain, regardless of which chain or stablecoin a user moves to or from, the conversion settles automatically and at a predictable rate.
As of July 14th 2026 Transit has moved more than $30M to and from Robinhood Chain since it went live on July 1st 2026.
Transit is chain-agnostic by design and works across major stablecoins, including USDG, PYUSD and USDC. Amplify Transit was the integration of choice for Morpho, Jumper, Across and Arcus as they built access to Robinhood Chain.
One stack to Mint, Move and Monetize
Minting made stablecoins possible. Movement makes them useful. Monetization makes them productive. Transit is the movement layer, and it is one piece of a larger stack.
That stack is Amplify: one integration, three modules. Mint a branded dollar, move between the stablecoins on your platform at scale and at predictable rates, and monetize what sits there. Each module makes the others more valuable, so you build once and stop thinking about the plumbing underneath.
Stablecoin movement, on your terms.
Transit is part of Amplify, the embedded digital asset infrastructure from Paxos Labs for platforms that want to mint, move, and monetize digital assets. Visit paxoslabs.com.