Recycling waste glass for diversified utilization has received increasing attention in recent years. This work aimed to reuse waste glass powder (GP) as a high temperature stabilizer to replace silica flour (SF) in blended G class oil well cement (GOWC) pastes. Blended pastes containing 40 % and 66.7 % GP were prepared and compared to pure GOWC paste and blended paste containing 40 % SF commonly used in the oil industry. Under simulated field conditions in a steam injection well, these pastes were cured at 50 °C for seven days, followed by three rounds of thermal cycling curing at high temperature and high pressure (HTHP, 300 °C/13 MPa) conditions. The effects of GP on the hydration kinetics, hydration products, microstructure, and mechanical properties of hardened pastes were evaluated. The results demonstrated that the addition of GP or SF reduced the compressive strength of the pastes at 50 °C due to dilution effect. Compared with SF, GP exhibited higher pozzolanic activity, prolonged the induction period, and promoted the formation of more C-(N)-S-H gels with lower Ca/Si ratios, which led to an increase in the gel pores content of the matrix and partially compensated for the loss of compressive strength due to the dilution effect. Additionally, due to the pozzolanic reaction of GP, the content of CH in the matrix decreased and its crystal size became smaller. After three rounds of thermal cycling curing, the incorporation of GP significantly increased the compressive strength of the hardened pastes. The compressive strengths of the hardened pastes with 40 % and 66.7 % GP were 20.33 MPa and 22.25 MPa, respectively, which were 7.62 % and 17.79 % higher than those of the hardened paste containing 40 % SF. In addition, the compressive strengths of hardened pastes containing 40 % and 66.7 % GP after three rounds of thermal cycling curing decreased by 22.49 % and 5.52 %, respectively, compared to the pastes at the low-temperature stage, while that of the pure GOWC pastes decreased by 83.8 %. Characterization analyses indicated that GP could further reduce the Ca/Si ratio of the system, modulate the crystallization of the gels at high temperatures, and generate foshagite or xonotlite phases with high polymerization structure and thermal stability, instead of reinhardbraunsite. These products effectively refined pore structure and enhanced microstructure densification. Furthermore, the precipitation of Na+ ions during hydration did not affect the microstructure of the matrix. This study offers some guidelines for recycling waste glass, conserving raw materials, and producing sustainable blended cement pastes.