The stablecoin USDG, a collaboration between Global Dollar Network and Paxos, has officially launched on the Pendle platform. Following its debut, USDG's total value locked (TVL) on Pendle surpassed $46 million. The stablecoin is also participating in Pendle's limit order reward experiment, offering users the opportunity to earn up to 8.90% annual percentage yield (APY) by providing liquidity through Pendle LP, or secure a fixed 5.29% APY by purchasing PT.