USDG on X Layer FAQ

Published on Oct 21, 2025Updated on Oct 21, 20253 min read

1. How can I get USDG on X Layer and what are my options?

There are four main ways to get USDG on X Layer:

  • OKX Exchange: trade for USDG directly and move it to X Layer seamlessly

  • Cross-Chain Bridges: if you already hold USDG, you can bridge it over from other networks instantly

  • DEXs: swap for USDG right inside X Layer's growing DeFi ecosystem

  • Lending Protocols: supply your USDG to earn yield or use it as collateral

You can also buy USDG directly here.

2. What's the 4.1% APY rewards program and how do I participate?

X Layer offers a 4.1% APY rewards program on USDG holdings, where USDG rewards are earned daily and claimable every week. To participate:

  1. Hold USDG on X Layer via OKX Wallet

  2. Connect your Wallet to Exchange to activate the rewards program

  3. Claim your rewards on Wallet under the USDG token page

Note: the rewards program isn't available to customers in USA, UK, EEA, Brazil, Australia, UAE, Turkey, and Singapore.

3. What makes USDG different from other stablecoins in terms of safety and compliance?

USDG is backed 1:1 with cash and cash equivalents and is designed for compliance from the ground up. It aligns with leading global regulations like Singapore's Monetary Authority of Singapore (MAS) and Europe's Markets in Crypto-Assets (MiCA) frameworks. USDG is issued by regulated entities like Paxos Digital Singapore, offering the transparency and oversight that users deserve. This regulatory compliance ensures you get the stability of a compliant stablecoin without sacrificing opportunities for yield.

4. Can I earn yield on my USDG holdings beyond the 4.1% APY program?

Yes, beyond the 4.1% APY rewards program, you can use USDG in various DeFi protocols on X Layer to earn additional yield:

  • Supply lending protocols to earn interest or use as collateral

  • Participate in liquidity pools on DEXs within X Layer's ecosystem

  • Engage with other DeFi applications as the X Layer ecosystem continues to grow

This allows you to maximize your returns while maintaining the security and compliance of USDG.

5. Who can participate in the USDG rewards program and are there any restrictions?

The 4.1% APY rewards program is available globally with some regional restrictions. The program is NOT available to customers in the following jurisdictions:

  • USA

  • UK

  • European Economic Area (EEA)

  • Brazil

  • Australia

  • UAE

  • Turkey

  • Singapore

All other regions can participate by holding USDG on X Layer via OKX Wallet, connecting their wallet to the exchange, and claiming rewards weekly. The APY is subject to change, and users should refer to the X Layer Terms of Service for complete details.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto/digital assets, or (iii) financial, accounting, legal, or tax advice. Crypto/digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.

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