Nearly $30 million (reported) cleared through Paxos Labs' Amplify Transit over a 14-day window, with Robinhood Chain the product's first live integration. Paxos Labs, a New York-based enterprise stablecoin infrastructure provider, announced Amplify Transit on July 14, 2026. The product is built for platforms carrying stablecoin balances in USDC, USDG, or PYUSD that need to convert between those instruments at a locked, predictable rate.
The inventory problem Transit prices
Platforms that hold or route stablecoins often sit long in one instrument while settlement demand arrives in another. Converting at a variable rate means the swap cost is unknown until execution, a gap that multiplies across high transaction volume. Transit locks the conversion rate at initiation, turning an open exposure into a predictable line item.
USDC, USDG, and PYUSD are the stablecoins supported at launch.
Robinhood Chain, first deployment
Robinhood Chain went live with Transit first. The $30 million total covers that initial 14-day window and is a reported figure from Paxos Labs. No per-day breakdown or conversion-pair distribution was included in the July 14 announcement, and Paxos Labs did not publish a volume projection alongside it.