OKX launched on April 1, 2026 a rewards program for eligible US users offering up to 4.1% APY on USDG holdings, the Paxos-issued stablecoin. VIP users must maintain at least $100,000 in trading volume or assets over a 30-day period, while regular users receive 3.5% APY. Payouts are automatic and weekly, calculated based on average balances from Monday through Sunday. The program comes amid stricter regulations around stablecoin yields, as the GENIUS Act enacted in July 2025 prohibited stablecoin issuers from directly paying interest to holders. USDG carries a market capitalization of roughly $3.4 billion and operates across multiple blockchains including Solana, Ethereum, and X Layer.
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