OKX Pay Launches USDG Earning Program Offering Up to 10% APY and Expanded Rewards Opportunities

by
Alyssa Davidson

Posted: Nov 5, 2025 3:20 AM Updated: Nov 5, 2025 3:20 AM

by victor day

Correction and fact check date: November 5, 2025, 3:20 AM

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Cryptocurrency exchange OKX has announced a new opportunity for global users to earn up to 10% APY on their USDG deposits through OKX Pay. Participants can earn up to 10% APY on the first $10,000 of USDG holdings and 5% APY on balances above that amount. Over a year, this structure can earn you up to $1,000 USDG in rewards for your first $10,000, and an additional $500 USDG for every $10,000 deposited thereafter.

USDG, a fully collateralized dollar-pegged stablecoin, gives users instant access to their trading funds, allowing them to earn profits without having to keep their assets idle. Offering a potential 10% APY on your initial deposit, this introductory offer is one of the highest initial incentives available to USDG holders. This further enhances OKX’s suite of yield generating options, which includes automatic earnings within exchange accounts and on-chain rewards through the X Layer ecosystem. Collectively, these monetization methods give users the flexibility to choose between instant liquidity, passive income, or on-chain participation, all with the rock-solid reliability of OKX.

The platform now offers three basic ways to earn with USDG: OKX Pay allows users to earn up to 10% APY on their first $10,000 deposit and 5% APY on additional balances. To access this exchange rate, users can transfer USDG from their exchange account to OKX Pay or convert other stablecoins to USDG directly within the service. Rewards accumulate daily and are automatically paid every Monday.

Alternatively, users can earn up to 3.85% APY by simply holding USDG in their OKX Exchange account, which can be accessed via web and mobile platforms. These rewards are compounded daily and paid out automatically every Wednesday. Users can also link their OKX Exchange account to their OKX wallet to earn up to 3.85% APY on-chain, with rewards accruing daily and available for weekly claiming.

There are no locking requirements or complicated procedures. Users can earn consistent profits while maintaining complete flexibility to trade, transfer or use USDG at any time. More information about availability and regional access is provided in the platform’s official documentation and footnotes.

Explore USDG: A Regulated Multi-Chain Stablecoin for Secure Use of Digital Dollars

The stablecoin is designed to improve the efficiency of digital dollar usage within the OKX ecosystem, providing a secure and flexible experience. It enables ongoing earning potential while maintaining liquidity, ensuring your funds are immediately available for trading, transferring or spending. Users can convert between USD, USDT, USDC, and USDG without conversion fees, and can use asset features on multiple blockchain networks, including Ethereum (ERC-20), Solana (SPL), and X Layer. This structure gives users complete control over how and where their digital dollars are monetized.

USDG is issued in Singapore by Paxos Digital Singapore Pte. Ltd. is an entity licensed as a primary clearing institution under the Monetary Authority of Singapore. The issuance follows a regulated framework governing single-currency stablecoins, with an emphasis on transparency, security and customer protection. Each USDG token is fully backed by US dollar reserves, and customer funds are held separately from the company’s working capital. Independent third-party reserve proofs are performed monthly to ensure full collateralization, and holders retain a defined right to redeem their tokens directly into fiat USD. This approach combines usability with institutional-level accountability, providing a regulated and transparent alternative to other stablecoins.

Operating on Ethereum, Solana, and X Layer, USDG supports interoperability and accessibility within the decentralized finance (DeFi) ecosystem. Open source smart contracts are independently audited and publicly verifiable, ensuring operational security and predictable functionality for both users and developers. Additional network integrations are planned to expand accessibility and ecosystem compatibility over time.

At the foundation of the USDG initiative is the principle of providing users with choice and confidence. Whether earning through OKX Pay, holding assets within the OKX Exchange, or participating on-chain, users benefit from transparent returns, regulatory oversight, and unlimited fund mobility. In a market where stability and trust are increasingly important, OKX aims to redefine the standards for trustworthiness and transparency. With USDG, the platform provides secure and versatile ways to hold, acquire, and utilize digital assets in a variety of environments.

As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.

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