USDG: Market Cap Hits $3.5B on OKX X Layer

USDG market cap exploded from $300 million to $3.5 billion over the past year, with $1.95 billion now locked on OKX X Layer blockchain. The stablecoin achieved sixth-largest status without heavy marketing or subsidies, driven purely by yield, boost and payment modules that delivered organic adoption. OKX Wallet user activity stayed elevated even in quiet markets, pushing cumulative active addresses past 4.2 million and on-chain transactions above 400 million while DeFi TVL climbed nearly tenfold to $100 million in six months.