[X Layer Launches USDG Yield Activity, Enjoy Up to 3.85% Annualized Returns] According to official news, X Layer has launched the USDG yield activity. Users can purchase, exchange, or transfer USDG from the X Layer network into their wallets via the OKX App and hold assets on the X Layer network. By activating rewards through the homepage activity banner and completing the connection between the wallet and exchange account, users holding more than 1 USDG can enjoy up to 3.85% annualized returns (APY), with daily interest accrual and weekly distribution. Funds can be withdrawn at any time, offering flexible operations. Currently, the activity is only available via the OKX App, and WalletApp and web versions are not yet supported. The app must be updated to version 6.142.0 or above. Reportedly, USDG (Global Dollar) is issued by Paxos Digital Singapore Pte. Ltd. (PDS) and is a single-currency stablecoin (SCS) pegged to the US dollar. It complies with the stablecoin regulatory framework soon to be implemented by the Monetary Authority of Singapore (MAS). Each USDG is backed by reserve assets such as U.S. Treasury bonds and is audited monthly by independent auditing firm Enrome LLP to ensure the stability of its 1:1 peg to the US dollar.