Convert Any Asset to USDG on Robinhood Chain

Convert Any Asset to USDG on Robinhood Chain

Announcements

// Announcements

Robinhood put its markets onchain. On July 1 it launched Robinhood Chain, a permissionless Ethereum Layer 2 built on Arbitrum stack and designed around tokenized real-world assets. Stocks, ETFs, and other regulated instruments, self custodied and tradable around the clock. The dollar those markets run on is USDG, the Global Dollar issued by Paxos.

What is Robinhood chain and why it matters

Robinhood built its name on making markets feel within reach. Robinhood Chain is that idea taken to its logical end. Instead of an app that shows you markets, an open network that holds them.

It is built as an Arbitrum dedicate chain, so you get Ethereum security with fast finality and low fees, and it is fully EVM compatible, so everything from Solidity contracts to standard wallets works out of the box. The design target is tokenized real-world assets. Equities, ETFs, and private assets represented onchain, self custodied by the people who own them, tradable at 3am on a Sunday.

And honestly, this is the part that gets us. For years the pitch for crypto rails has been that one day, real markets would live on them. Not wrapped promises of markets. The actual thing. A brokerage with tens of millions of retail users just committed to that bet in public, and every one of those markets settles in USDG, a fully backed, Paxos issued stablecoin redeemable one to one for US dollars. The right dollar for a chain whose whole pitch is regulated finance on open rails.

Which leaves the question every new chain faces on day one. Your money is somewhere else. How do you get it there, and what do you lose on the way?

What Garden enables

Garden now supports swaps into USDG on Robinhood from any supported chain, in one click. That includes the one we care about most, native BTC to Solana, Hyperliquid, and more; the full list of supported chains is here

Swaps settle through the same atomic settlement we use everywhere. Your asset locks on the source chain, a solver locks USDG on Robinhood, and the trade either completes in full or refunds in full. Nobody holds your funds mid swap.

This is not just a route for people moving their own money. The same rails are open to builders through our SDK and API, which means any app on Robinhood can let its users pay in from any chain and settle in USDG without building a single piece of bridge plumbing themselves.

Every way into Robinhood Chain, compared

There are a handful of options available right now to move your assets into Robinhood Chain. We compared all of them; here’s the gist: 

Player Custody model Native Bitcoin support Slippage
Garden Non-custodial, HTLC Yes Zero
Across Intents, relayer-fronted No ~0.50%
Relay Non-custodial contract, single relayer Yes ~1-2%
Stargate (LayerZero) Pooled, verifier-secured No ~0.5-1%

Read the slippage column with a real number in mind. On a $10,000 swap, 0.50% is $50 gone. At 1 to 2%, you are giving up $100 to $200 just to move your own money. Garden's zero is not a marketing rounding, it is structural. The HTLC fixes the rate before either side locks, so there is no inflight price for the market to move against you. The quote is the settlement.

What this means for developers

If you are building on Robinhood Chain, this is where it gets genuinely exciting.

Say you are building an RWA app there. Your users want to buy tokenized assets, but their money lives everywhere. BTC on Bitcoin, SOL on Solana, cbBTC on Base. With Garden's SDK or API, you can accept payment from any of those and have it arrive as USDG directly in your system on Robinhood Chain.

We have watched this play out with Garden. The teams that win are the ones that meet users where their money already is, instead of asking them to relocate it first. 

Try a swap to USDG on Robinhood Chain

The fastest way to understand it is to run one. Takes about a minute. 

Swap BTC to USDG on Robinhood Chain
  1. Open app.garden.finance and connect your wallet.
  2. Pick your source asset, for example BTC on Bitcoin.
  3. Pick USDG on Robinhood Chain as the destination.
  4. Check the quote. What you see is what lands.
  5. Confirm, and the swap settles atomically.

Frequently asked questions

Which assets can I swap into USDG on Robinhood Chain?

You can swap from native BTC and other assets supported on Garden, including major stablecoins and tokens across our supported chains. Live list here.

Can I swap back out of Robinhood Chain?

Yes. The same atomic swap mechanism works in both directions, so you can move USDG on Robinhood Chain back into BTC or any other supported asset. Reverse swaps settle the same way, atomically and without a custodian.

Is this custodial at any point?

No. Garden is fully non custodial. Your funds sit in Hash Time-Locked Contracts that only you and your counterparty can unlock. No pool, validator set, or relayer holds them midswap, and a failed swap refunds automatically through the timelock.

What is USDG and who issues it?

USDG is the Global Dollar, a stablecoin issued by Paxos, a regulated financial institution. It is fully backed and redeemable one to one for US dollars.

Why is there no slippage on Garden?

Because the rate is fixed by the HTLC before either side locks funds. There is no pool being traded against and no inflight price to move. The quote you accept is the amount that settles, which is why there is no slippage tolerance setting on Garden at all.

Can I integrate this into my app on Robinhood Chain?

Yes. Garden's SDK gives you TypeScript packages with React hooks for web apps, and the REST API works for any stack, including mobile and non-JavaScript environments. One integration lets your app accept payment from any supported chain and settle in USDG on Robinhood Chain. Start at docs.garden.finance.

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