Paxos Labs Launches Amplify Transit Stablecoin Platform, Reports Nearly $30 Million Moved on Robinhood Chain

Paxos Labs has launched Amplify Transit, a stablecoin trading platform designed to let platforms, protocols, and treasuries convert major stablecoins across different blockchains with predictable fees and locked exchange rates. According to Foresight News, Paxos Labs said that since going live on July 1, 2026, the platform has facilitated nearly $30 million in transfers on Robinhood Chain. Transit integrates through a single API, enabling conversions among USDC, USDG, and PYUSD. Paxos Labs said Transit is blockchain-agnostic and initially supports stablecoin transfers between Ethereum and Robinhood Chain. Protocols on Robinhood Chain including Morpho, Jumper, Across, and Arcus have selected Amplify Transit for integration, Paxos Labs said.