OKX Offers 4.1% Yield on USDG as Competition Heats Up
Crypto exchange OKX said it is offering 4.1% yields on USDG in weekly payouts, without staking lockups. OKX is responding to intensifying competition for stablecoin dominance, it said in an emailed announcement on Tuesday. USDG is minted by stablecoin issuer Paxos and is backed 1:1 by U.S. dollars. OKX joined the Global Dollar Network in … Read more