USDG Rewards on OKX: Grow Your Stablecoin Balance the Simple Way

Main Takeaways

USDG, also known as the Global Dollar, is a USD-pegged stablecoin issued by Paxos, a digital asset provider regulated by the Monetary Authority of Singapore (MAS). Backed 1:1 with cash and cash equivalents, USDG is issued on Ethereum and Solana.

Checklist

How to Start Earning
Log in to your OKX account.
How much of my holdings count towards my margin or collateral?
APY Calculation Details
Is there any cap for holding USDG to get APY?
How to check my holding and earnings?
Navigate to Grow → USDG Rewards in your OKX account to view your current holdings, accumulated earnings, and reward history.

Notes

Hold USDG to earn stablecoin rewards. Earn 4.1% APY (VIP) or 3.5% APY (regular users) on USDG balances, paid out weekly — no staking, no lockups, no hassle. No holding cap for gaining rewards.

USDG can further be used on OKX as yield-bearing collateral in flexible loan and futures trading. Use it as collateral and continue earning at the same time.

What is USDG?

USDG is a single-currency stablecoin pegged to the US dollar. USDG is issued by Paxos Digital Singapore, which is a Major Payments Institution supervised by the Monetary Authority of Singapore. USDG is issued in the EU by Paxos Issuance Europe Oy (PIE), an Electronic Money Institution regulated by the Finnish Financial Supervisory Authority (FIN-FSA). USDG is fully compliant with the EU’s Markets in Crypto Assets Regulation (MiCA).