ChainThink news, March 16: According to official announcements, the stablecoin USDG, co-launched by Global Dollar Network and Paxos, has officially launched on Pendle. Shortly after its launch, the total value locked (TVL) of USDG on Pendle has already surpassed $46 million.
Additionally, USDG has become one of the first assets participating in Pendle’s limit order reward experiment. Users can earn up to an 8.90% yield by providing liquidity via Pendle LP, or lock PTs to secure a fixed 5.29% APY.
Disclaimer: Contains third-party opinions, does not constitute financial advice
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