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OKX Expands into Payments with OKX Pay Wallet Launch Following US Market Re-Entry


OKX Expands into Payments with OKX Pay Wallet Launch Following US Market Re-Entry

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  • OKX Pay Wallet will launch next week, focusing on stablecoin payments within the OKX app.
  • OKX enters the U.S. market with a new headquarters in San Jose after settling compliance issues.
  • Roshan Robert appointed CEO of OKX U.S. to lead regulatory engagement and compliance strategy.

Major crypto exchange OKX is getting ready to launch a new payment service called OKX Pay Wallet. OKX Founder and CEO Star Xu announced the upcoming launch via a post on X, stating it’s scheduled for next week. Xu sees this as a key step toward wider crypto use, calling it “the road to billion-user crypto adoption.”

This announcement comes after OKX separated its DeFi and self-custody wallet features into a standalone OKX Wallet app last month. 

OKX Pay Wallet Features: Stablecoins, P2P & Fiat Ramps

While full details are still emerging, Xu shared screenshots showing some core features. Importantly, OKX Pay Wallet will be built into the existing OKX exchange app, not released separately. Based on Xu’s post, the wallet aims to make crypto payments easier using stablecoins like USDT and USDC. It will support peer-to-peer (P2P) transfers and payments to merchants, likely using QR…

The post OKX Expands into Payments with OKX Pay Wallet Launch Following US Market Re-Entry appeared first on Coin Edition.

Read the article at CoinEdition

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