2/ USDG is a fully-backed, dollar-pegged stablecoin issued by @Paxos. It’s the native asset of the @global_dollar network, with participation from major firms like @RobinhoodApp, @krakenfx, @galaxyhq, and many more USDG proof of reserves available here: http://paxos.com/usdg-transpar...

3/ USDG is built for productive usage across DeFi, not just to sit idle. It's designed to circulate: to be borrowed, looped, and paired with risk assets Kamino is currently running targeted campaigns with @global_dollar, designed specifically to accelerate $USDG usage on Kamino

4/ USDG incentives total ~$280K/month, with over $200K focused on borrowing, driving active usage over passive deposits. And it’s working. Nearly $60M out of $80M supplied is currently borrowed, making USDG the most utilized asset on Kamino by borrow ratio.

5/ This incentive structure enables capital-efficient strategies powered by Kamino Markets. One standout: the SyrupUSDC/USDG Multiply loop, fueled by $USDG incentives, has grown to over $18M in size, enabling users to loop their exposure to SyrupUSDC lending yields.

6/ USDG incentives go beyond classic emissions—they’re aligned with ecosystem growth USDG is the most cost-efficient asset to borrow against SOL, jitoSOL, cbBTC, and xBTC In fact, borrowing against xBTC (issued by @okx) currently yields a –3.5% APY. You get paid to borrow $USDG

7/ That alignment goes beyond borrow markets. USDG is also integrated into Kamino Earn, joining the core pool alongside USDC, USDT, and SOL. It’s a clear indicator of adoption: curated exposure, deep liquidity, and demand for the asset itself

8/ We mentioned earlier that $USDG ranks as the 6th largest stablecoin on Solana However, with true usage metrics like txn volume, $USDG has actually claimed the #3 stablecoin spot, sitting below only USDC/USDT over the last month This traction is powered by the full Kamino

9/ The momentum of $USDG is emblematic of stablecoin growth in DeFi as stables continue to evolve into productive & integrated assets Built on Kamino’s infrastructure, and fueled by institutional alignement, $USDG's role in shaping Solana’s credit rails is just getting started

@KaminoFinance @global_dollar @Paxos How to grow a stablecoin

@KaminoFinance @global_dollar @Paxos Wen add USDG support to Kamino Swap limit orders

@KaminoFinance @global_dollar @Paxos Solid growth!! There's good oportunities for stablecoins on Solana! Curious to see USDG incentive strategy to ensure liquidity sticks

@KaminoFinance @global_dollar @Paxos Stablecoins

@KaminoFinance @global_dollar @Paxos USDG went from zero to main character in 5 months. borrowed, looped, multiplied — it’s not sitting still. underrated credit layer energy. 🟣

@KaminoFinance @global_dollar @Paxos Remember when you were hyping PYUSD growth on Solana and then it cratered the second your undisclosed incentive program ran through all the millions? Good times!

@KaminoFinance @global_dollar @Paxos An unashamed plug for our Kamino deep dive vid https://youtu.be/mSvBbElhNi0