OKX has launched USDG Rewards. Simply put: If you hold USDG, you can earn stablecoin rewards. Regular users get 3.5% APY, VIP users get 4.1% APY, distributed weekly—no staking required, no lock-up period. USDG is a USD stablecoin issued by Paxos, backed 1:1 by cash and cash equivalents, currently available on Ethereum and Solana. What’s interesting this time is that USDG isn’t just about “earning interest while sitting idle.” It can also be used as interest-bearing collateral for spot borrowing and contract trading. In other words, your stablecoin can act as margin/collateral while still earning rewards. For traders, the core value of this type of product isn’t high yields—it’s capital efficiency: Stablecoins don’t sit idle; Margin can still earn interest; Zero-fee conversion between USDT and USDG on the order book; Rewards are settled weekly. Of course, make sure you understand the risks: APY isn’t a fixed promise—OKX can adjust or terminate it; Stablecoins still carry issuer, compliance, liquidity, and platform risks; Earning interest doesn’t mean risk-free. This type of product is more like a “cash management tool” within a trading account. It’s not for getting rich quick. It’s for improving the efficiency of idle stablecoins.