According to the official news, X Layer has now launched the USDG interest-generating activity. Users can buy, exchange or transfer the USDG of the X Layer network to their wallet through the OKX App, and hold assets on the X Layer network. Activate the reward through the activity banner on the homepage. After completing the connection between the wallet and the exchange account, the USDG with a holding number greater than 1 will receive an annualized income (APY) of up to 3.85%, which is calculated daily and distributed weekly. Funds can be withdrawn at any time, and the operation is flexible. At present, the activity only supports participation through the OKX App. WalletApp is not applicable to the web terminal for the time being. You need to update the APP to version 6.142.0 or above.
It is reported that the USDG (Global Dollar) is issued by Paxos Digital Singapore Pte. Ltd. (PDS) and is a single currency stablecoin (SCS) pegged to the US dollar equivalent, following the upcoming stablecoin regulatory framework of the Monetary Authority of Singapore (MAS). Each USDG is backed by reserve assets such as US Treasury bonds and is audited monthly by independent auditor Enrome LLP to ensure the stability of its peg to the US dollar.
X Layer opens USDG interest-generating activity and can enjoy up to 3.85% annualized income
2025-11-07 07:04:52
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