Stablecoin USDG Launches on Pendle, TVL Surpasses $46 Million and Participates in Limit Order Rewards Experiment

USDG-0,01%
PENDLE3,81%

Gate News reports that on March 17 and March 16, the stablecoin USDG, jointly launched by Global Dollar Network and Paxos, officially went live on the Pendle platform. Shortly after launch, its total value locked (TVL) on Pendle exceeded $46 million. USDG became one of the first assets to participate in the limited order reward experiment on Pendle. Users can earn up to 8.90% yield by providing liquidity through Pendle LP or lock PT to receive a fixed APY of 5.29%.

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