According to official news from Odaily Planet Daily, OKX Pay now supports USDG from the X Layer network and is launching an exclusive interest rate promotion. Users who update the OKX App to version V6.143.0 or above can earn returns by purchasing, exchanging, or transferring USDG. The promotion rules state that the first 10,000 USDG held by a user will enjoy an annualized return of 10%, and any amount exceeding that will enjoy an annualized return of 5%. Interest is calculated daily and paid weekly, providing users with a convenient and stable asset appreciation service.
USDG (Global Dollar), issued by Paxos Digital Singapore Pte. Ltd. (PDS), is a single-currency stablecoin (SCS) pegged to the US dollar and compliant with the Monetary Authority of Singapore's (MAS) upcoming stablecoin regulatory framework. Each USDG is backed by reserve assets such as US Treasury bonds and is audited monthly by the independent auditing firm Enrome LLP to ensure the stability of its peg to the US dollar.
