OKX Launches OKUSD Stablecoin, Pegged 1:1 to USDT with Yield for VIP Users

According to OKX, the exchange has launched OKUSD, a platform-native stablecoin pegged 1:1 to USDT, with zero-fee redemption and instant settlement. OKUSD holders automatically earn daily yields with no upper limit. The token is also available as a yield-bearing collateral for spot borrowing, VIP lending, and trading margin. OKUSD is currently restricted to OKX VIP users.
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