The stablecoin USDG has officially launched on Pendle, becoming one of the first assets to participate in the Limit Order Reward Program experiment

BlockBeats News, March 16: According to official sources, the stablecoin USDG, jointly launched by the Global Dollar Network and Paxos, has officially launched on Pendle. Shortly after its launch, its total value locked (TVL) on Pendle has exceeded $46 million.

At the same time, USDG has become one of the first assets to participate in Pendle's Limit Order Book Rewards experiment. Users can earn up to 8.90% APY by providing liquidity through Pendle LPs, or lock in a fixed 5.29% APY by purchasing PT.