Recently, on the recommendation of @BitHappy, I also exchanged some USDG.

Here everyone can exchange directly in OKX,

if you exchange with USDT, you can get a bit more; if you exchange with USDC, there will be some loss, but you can follow my method, first go to Kraken to exchange SUDC for USDG and then transfer back to OKX, this way it is also without loss.

Because the USDC and USDG on Kraken are exchanged at a 1:1 ratio.

Why I would exchange some USDG:

1️⃣ From a security perspective, it passes my standards: USDG is a compliant stablecoin issued by an alliance composed of OKX, Kraken, Robinhood, and other institutions, regulated simultaneously in Singapore and the EU; safety is something you should research yourself to see if it meets your security standards;

2️⃣ After all, there aren’t many investment options now, a 4% annualized return is pretty good; if you are VIP 1-3, a single account limit of 200K is very comfortable. If you have more money, you can top up to VIP 4 or above to get a limit of 4 million.

3️⃣ While earning returns with USDG, you can also occasionally participate in flash profits; in the last flash profit event by OKX, USDG was given a relatively high weight;

4️⃣ USDG can also participate in dual currency financial products, so you can earn returns while making options profits, which is like eating multiple servings at once.

5️⃣ It can be used to provide margin for contract trading, collateral for borrowing coins, and other scenarios.

@star_okx @Mercy_okx @okx @okxchinese more products like this in the future, let’s earn some returns in a bear market!

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