Paxos Labs, an enterprise stablecoin infrastructure company incubated within Paxos, has launched Amplify Transit, a stablecoin conversion product that allows platforms to move between major stablecoins across blockchain networks at fixed fees and locked rates. Transit went live on July 1, 2026, and has processed nearly $30 million in volume on Robinhood Chain as of July 13. Morpho, Jumper, Across, and Arcus have selected Transit as their integration of choice as they build on Robinhood Chain.
Transit connects to platforms through a single API and currently supports conversion between USDC, USDG, and PYUSD across Ethereum and Robinhood Chain, with a chain-agnostic architecture designed to expand to additional networks. The product charges a fixed fee per route regardless of transaction size, locks rates at the time of submission to guarantee output amounts before settlement, and operates continuously — including nights, weekends, and holidays — to match the around-the-clock nature of digital asset markets.
The problem Transit is built to solve has grown more acute as stablecoin adoption has scaled. Platforms increasingly hold and settle in different stablecoins across different chains — a payments company may settle in PYUSD, a trading desk may hold USDC, an exchange may operate on USDG — and converting between them in a predictable, cost-efficient way has become operationally complex. Transit positions itself as the movement layer for that fragmented landscape, giving exchanges, wallets, treasuries, fintechs, and protocols a standardized way to manage stablecoin movement at scale without ceding control over their customer interfaces or margins.
Transit is part of Paxos Labs’ broader Amplify product suite, an integrated infrastructure stack for platforms that want to mint, move, and monetize digital assets with a single integration. Amplify also includes tools for launching branded stablecoins and Amplify Earn, which allows platforms to put stablecoin balances to work by embedding yield. Paxos Labs was incubated within Paxos, which has processed more than $180 billion in tokenization volume and has accumulated more than a decade of regulatory experience in the digital asset space.
KEY QUOTE:
“Stablecoin adoption has reached a point where issuance is only the beginning. As platforms manage more stablecoins across more chains, they need infrastructure that allows them to move those assets predictably and efficiently. We built Transit to give platforms predictable economics at any scale while allowing them to maintain control over the experience and value they provide to their customers. Robinhood Chain shows that stablecoins are becoming central to new financial ecosystems, and the volume Transit has already powered demonstrates the need for infrastructure that can move assets predictably from day one. Transit gives platforms the flexibility to support that growth while maintaining control over their economics and customer experience.”
Bhau Kotecha, Co-Founder, Paxos Labs
