Hello, Sobee!
There is a new option in Flexi Earn. USDG (Global Dollar) is now officially available on Mobee Flexi Earn, allowing you to save USDG while earning flexible yields.
USDG Is Now Available on Flexi Earn
After previously being available for trading on Mobee, you can now utilize USDG through Flexi Earn.
USDG, or Global Dollar, is a US dollar-backed stablecoin issued by Paxos Digital Singapore. USDG is designed to maintain a 1:1 value with the US dollar and is backed by cash and cash equivalent reserves held in segregated accounts. The issuer is regulated by the Monetary Authority of Singapore (MAS).
With USDG on Flexi Earn, you have an additional option to optimize your USD-based assets without having to lock them for a fixed period.
You can:
- Earn yields on your deposited USDG.
- Maintain the flexibility to make withdrawals according to Flexi Earn terms.
- Expand your stablecoin options for managing funds not currently being used for trading.
For the latest USDG APR, check the Mobee Earn page directly., as the APR rate is subject to change based on the applicable product terms and conditions.
What Is USDG?
Global Dollar (USDG) is a stablecoin pegged to the value of the US dollar.
Each USDG is designed to be redeemable 1:1 for 1 US dollar through Paxos. Paxos also regularly publishes reserve reports and attestation reports to provide transparency regarding the assets backing USDG.
USDG is available on several blockchain networks, including Ethereum and Solana.
How to Start Flexi Earn for USDG
- Open the Mobee app and ensure you are using the latest version.
- Go to the Earnmenu.
- Select Flexi Earn.
- Search for USDG in the asset list.
- Enter the amount of USDG you wish to deposit.
- Confirm to start earning yields.
You can view the applicable APR and terms directly before confirming.
Start Optimizing Your USDG
Have idle USDG not being used for trading? You can now place them in Flexi Earn Mobee and earn yields while maintaining flexibility over your assets.
Happy earning, Sobee!
The Mobee Team
