Step 1: The stopping potential is related to the energy of the incoming photons by the equation:
\[
E = h\nu - eV_0,
\]
where \( \nu = \dfrac{c}{\lambda_0} \) is the frequency of the radiation.
Step 2: For wavelength \( 2\lambda_0 \), the energy of the photons is half of the energy for \( \lambda_0 \). Therefore, the stopping potential decreases, and the new stopping potential is:
\[
V_0' = V_0 - \dfrac{hc}{2e\lambda_0}.
\]
Final Answer:
\[
\boxed{V_0 - \dfrac{hc}{2e\lambda_0}}
\]