OKX is one of the world's largest cryptocurrency platforms, trusted by more than 120 million customers across 180 countries. 

Committed to transparency, security, and making crypto accessible for everyone, OKX offers everything from spot and derivatives trading to Web3 wallets, payment tools and a growing suite of consumer products. It sees trillions of dollars in trading volume annually and serves users ranging from first-time retail traders to high-volume institutions.

OKX by the Numbers 

• Operating since 2017

• 120M users across 180+ countries

• Trillions of dollars in annual trading volume

• 350+ cryptocurrencies listed on the exchange

• Hundreds of millions in USDG held by customers on the platform

Why OKX Joined Global Dollar Network

OKX joined Global Dollar Network for a number of reasons, but two stood out above the rest: better economics and a regulatory framework built for global scale.

Unlike USDT or USDC, USDG is structured to share revenue with the partners who drive adoption. Global Dollar Network passes up to 100% of USDG rewards back to ecosystem contributors, meaning OKX's investment in earn programs and product integrations is supported by a model that makes adoption financially sustainable over time.

On the regulatory side, USDG is issued by Paxos Digital Singapore under MAS supervision and by Paxos Issuance Europe under MiCA, making it the only major stablecoin with genuine dual-framework compliance. For an exchange operating across Southeast Asia, Europe, the US, and beyond, that meant deploying a single stablecoin with confidence across its entire global footprint.

How OKX Uses USDG

OKX has built USDG into the core of its product experience, spanning trading, earning, conversion, and everyday spending. 

Each integration reinforces the others, creating a flywheel where holding USDG becomes a natural choice for an OKX user. For all of the programs featured below, availability varies by location. 

Earn Programs

OKX was built around a straightforward premise: users who hold USDG should earn on it.

Users holding USDG in their OKX account automatically receive rewards with no staking, lockups, or subscriptions required. OKX Pay takes it further, offering enhanced rates on USDG balances with daily accrual and no lockup periods.

For crypto-native users, OKX extends earn access to its X Layer network, where connecting an OKX Wallet to an exchange account unlocks on-chain rewards in self-custody.

The result is a tiered earn ecosystem that meets users wherever they are: in a trading account, in OKX Pay, or in their own wallet.

Zero-Fee Conversion

Moving into USDG costs nothing. 

OKX offers zero-fee conversion between USDG, USDC and USD with no spread and generous daily swap limits. For existing stablecoin holders, the barrier to entry is as low as it gets. Switch in seconds, start earning immediately, and never feel penalized for making the move.

Unified Order Book

OKX has unified liquidity from USD, USDC, and USDG into a single order book across both spot and perp markets. 

Rather than accessing separate, thinner liquidity pools, traders benefit from combined depth regardless of which stablecoin they hold. Internal conversion happens seamlessly at the moment of the trade.

A user holding USDG can trade any USD pair with the full benefit of that combined liquidity, without converting first or sacrificing execution quality. Being included alongside fiat USD in 

a unified order book positions USDG as a primary trading currency, not an alternative traders settle for.

OKX Card in Europe

The OKX Card brings USDG into everyday commerce across Europe. 

Powered by Mastercard, the card lets users spend their USDG balances at any merchant, with automatic conversion to euros at the point of sale. The user spends crypto, the merchant receives fiat.

The fee structure is minimal, with no transaction fees, no FX markup, and no issuance or annual fees. Users spending with USDG also earn cashback rewards, paid back in USDG. The OKX Card turns USDG from a trading and savings instrument into a spending currency, extending its utility into daily life.

A Blueprint for Stablecoin Integration at Scale

What OKX has built with USDG is a deliberate, layered approach to stablecoin integration. Earn programs give users a compelling reason to hold USDG. Zero-fee conversion removes the cost of getting there. The Unified Order Book makes USDG effective for trading. The OKX Card extends its utility into everyday spending.

Each layer reinforces the others, creating a compounding effect that drives sustained adoption. And because the GDN revenue share model means OKX benefits directly from the USDG balances its users hold, every product decision that drives adoption also strengthens the economics of the partnership.

OKX users are holding hundreds of millions of dollars in USDG, a figure that reflects genuine, sustained adoption built on utility and rewards.

For exchanges and platforms exploring Global Dollar Network, the OKX integration shows how USDG can be woven into a platform across multiple product surfaces.

Interested in joining the network? Visit globaldollar.com.

Global Dollar (USDG) is issued by Paxos Digital Singapore, a Major Payments Institution supervised by the Monetary Authority of Singapore. USDG is also issued by Paxos Issuance Europe under the supervision of FIN FSA and in compliance with MiCA.

Paxos issues USDG in the EU through Paxos Issuance Europe OY ("PIE"). USDG is fully redeemable from Paxos on a one-to-one basis for U.S. dollars. All USDG token holders in the EU have a right of redemption against PIE at any time and at par value for USDG. Further information is available at paxos.com/eu, and the EU USDG White Paper is available at www.paxos.com/terms-and-conditions/usdg-eu-whitepaper. 

Contact information:
Email: support@paxos.com
Telephone: +358 4549 00 361

Note: USDG is available on Solana, Ink, X Layer and Ethereum.