Most stablecoins are built to be held, transferred, and forgotten. They sit in wallets and exchange accounts doing almost nothing for the person who holds them. The reserves backing those stablecoins compound daily, but it’s the issuer that captures the spread. The holder gets a token pegged to a dollar and nothing else.
beatUSD is built differently. It is the native dollar inside every Liquid Bank account on Hyperbeat, backed by USDG0 from Paxos Labs. The value generated by USDG0's reserves does not flow to the issuer. Instead it funds the rewards program and incentives that power the Liquid Banking ecosystem, creating tangible value. Users earn on what they hold, spend, and save inside their Liquid bank account.
beatUSD, powered by USDG0
beatUSD is the unit users hold, spend and save with. Backed by USDG0 the omnichain extension of USDG, a regulated stablecoin issued by Paxos Digital Singapore under supervision of the Monetary Authority of Singapore. Reserves are fully backed, held in segregated accounts, and independently attested monthly.
Paxos Labs was incubated within Paxos and built on its $180B+ track record in tokenization and over a decade of regulatory expertise. When Hyperbeat chose Paxos Labs as its infrastructure partner, it wasn’t looking for a stablecoin vendor. It was looking for the credibility and reserve infrastructure that would make its rewards program real, verifiable, and sustainable.
The reserve economics of USDG0 fund the Liquid Banking rewards program. This means the incentives users receive are backed by real returns from institutional-grade reserves, not by inflationary token issuance or unsustainable promotional budgets.
"Most stablecoin products require users to move funds into a separate product or lock them up to earn anything. With Liquid Banking, beatUSD earns by default: the reserve economics of USDG0 flow directly to the user through the rewards program. Paxos Labs' infrastructure enables Hyperbeat to offer their users a stablecoin experience with rewards and utility built in from day one."
— Bhau Kotecha, Co-Founder, Paxos Lab
Spend the same dollars you save
beatUSD is both the spending token and the savings asset. The same dollar earning rewards today can be spent with the Hyperbeat card tomorrow. There is no conversion step, no withdrawal queue, no waiting period.
In cash mode, card payments draw directly from the user's beatUSD balance. In credit mode, the system borrows beatUSD against the user's portfolio, BTC, ETH, SOL, HYPE, or tokenized gold, at the moment of the transaction. The user's collateral asset stays untouched, continuing to earn rewards, while the card payment settles instantly. Repayment is on the user’s terms.
Trading profits work the same way. Users can sweep USDC from hyperliquid spot trading account directly into beatUSD. Those funds can be allocated to savings or card spending without leaving Liquid Bank. When funds need to move out, beatUSD converts to fiat and settles via ACH, SEPA, or wire into the user account.
Rewards are not a feature you opt into. They are embedded in the account itself, funded by real economic activity, and available to every Liquid Bank user from day one.
What fintechs can build when they own the dollar layer
Traditional neobanks offer savings accounts with yield, card payments, and multi-currency support. Revolut, Wise, N26. They are convenient, and for most users, they work. But they are custodial. Reserves are managed opaquely. Yield rates change without explanation. And the user's money sits in the bank's accounts, subject to the bank's solvency.
Liquid Banking provides the same functionality with fundamentally different properties.
Rewards are funded by real reserve economics, independently attested and verifiable on-chain. Card payments work anywhere cards are accepted. Funds move in and out of fiat via direct bank transfer. But the user's assets sit in a non-custodial smart account they control. No bank holds the keys. No intermediary can freeze the account. Every transaction is transparent and on-chain.
Paxos Labs brings the institutional credibility and reserve infrastructure that makes the stablecoin trustworthy and the rewards program sustainable. Hyperbeat brings the account, the card, the rewards layer, and the trading integration. Hyperliquid provides the on-chain execution environment.
The result is a neobank that the user owns. Institutional-grade backing. Consumer-grade experience. Self-custodial by design.
""We could not build a credible banking alternative on top of a stablecoin we did not fully trust. Paxos Labs gave us the institutional-grade reserve infrastructure and regulatory track record we needed before anything else. Because USDG0's shared economics funds our rewards program directly, the incentives users earn are tied to real economic activity, not to token emissions that dry up in six months. That is what makes this sustainable. Users get a Liquid Bank account where their money earns rewards, stays spendable, and never leaves their control. No opaque reserve. Just a better model for holding dollars.”
— Kilian Boshoff, CEO of Hyperbeat
About Hyperbeat
Hyperbeat is building the native banking infrastructure layer for the Hyperliquid ecosystem. The company develops non-custodial systems that unify spot and derivatives trading with payments, borrowing, and savings tools, enabling users to manage financial activity on-chain without relinquishing custody of their assets.
About Paxos Labs
Paxos Labs is the financial utility stack for digital assets. Through the Amplify stack, a single integration to embed yield, enable borrowing, and launch branded stablecoins, Paxos Labs provides platforms the tools to make digital assets productive. Incubated with Paxos and built on its $180B+ track record in tokenization and over a decade of regulatory expertise, Paxos Labs brings institutional trust and rigor to the financial products that come next. Making it easy for platforms anywhere to activate the value sitting in their users' digital asset holdings.
For more information, visit paxoslabs.com.