USDG is Now Live on X Layer, Rewards Coming Soon

X Layer's mission is to build a global-leading public network, and a key part of our approach is to provide you with more choices for DeFi protocols, payments and real-world applications.

That's why we're proud to announce that the Global Dollar (USDG), the trusted stablecoin from Paxos, is now live on X Layer, OKX’s high-performance Layer 2 network - OKX customers around the globe can now deposit and withdraw USDG.

Next month, we’re launching a 4.1% APY on USDG holdings on X Layer, paid out weekly with no staking and no lockups.

As the X Layer ecosystem grows, having a trusted stablecoin like USDG at its core ensures you have a solid foundation to participate with confidence. This also means you will have more opportunities to use your digital assets, all while benefiting from the security and compliance you expect from traditional finance.

Getting USDG across the X Layer ecosystem is simple. Here’s how:

1. OKX Exchange: Trade for USDG directly and move it to X Layer seamlessly

2. Cross-Chain Bridges: If you already hold USDG, you can bridge it over from other networks instantly

3. DEXs: Swap for USDG right inside X Layer’s growing DeFi world

4. Lending Protocols: Supply your USDG to earn yield or use it as collateral

Why This Matters for You

For too long, choosing between safety and opportunity has been a hassle. Idle stablecoins stagnate, but chasing high yields often means locking up funds or navigating risky, complex protocols.

With USDG on X Layer, it’s different. We’re building an ecosystem where you don’t have to choose. You get the stability of a compliant stablecoin, paired with the high-performance technology of a leading Layer 2. This means you can protect your capital from inflation and earn a competitive yield without giving up liquidity or peace of mind.

You can move with confidence because USDG is backed 1:1 with cash and cash equivalents. It’s designed for compliance from the ground up, aligning with leading global regulations like Singapore’s MAS and Europe’s MiCA frameworks. Issued by regulated entities like Paxos Digital Singapore, it offers the transparency and oversight you deserve.

Ready to Get Started?

Whether you're a developer building the next big dApp or someone looking to make your stablecoins work harder, USDG on X Layer is your foundation.

For more information on X Layer, please visit: https://web3.okx.com/xlayer

Buy USDG here: https://www.okx.com/trade-convert

*Disclaimer: APY might vary depending on conditions

This content is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. Please consult your legal/tax/investment professional for questions about whether trading or holding digital assets is suitable for you. APY is subject to change. X Layer is a permissionless blockchain . It has no control over and is not responsible for the services of such third party platforms built on X Layer. Not all products are offered in all regions. For more information, please refer to the X Layer Terms of Service.