OKX CEO Star said on X that the launch of OKX Pay Wallet next week will help popularize cryptocurrencies among one billion consumers.
Integrated into OKX’s Ethereum Layer 2 network, supporting USDC and USDT stablecoins, Pay Wallet is a new type of private keyless wallet that will launch a card and require KYC; paired with DeFi, it will generate returns.
The X post from Star said, “We will launch OKX Pay Wallet next week. It’s a road to billion-user crypto adoption! Looking forward to trying it! @okx @wallet.”
One month after OKX unveiled a stand-alone OKX Wallet app, the separate Pay Wallet launch follows. The last month’s launch disconnected the DeFi and self-custody capabilities of the main OKX CEX systems.
And now this additional separation of payments into a distinct Pay Wallet indicates the attempts of companies to scale and penetrate the crypto payments market segment.
Also Read: Malta Fines OKX €1.1M for Money Laundering Lapses