OKX Unveils Keyless Pay Wallet to Drive Mainstream Crypto Adoption

OKX CEO Star has announced the upcoming launch of the OKX Pay Wallet, a groundbreaking solution designed to simplify cryptocurrency transactions and accelerate mass adoption. The wallet, set to debut next week, integrates seamlessly with OKX’s Ethereum Layer 2 network and supports popular stablecoins like USDC and USDT. By eliminating the complexities of private key management and incorporating KYC verification, OKX aims to make crypto payments more accessible to the general public. Additionally, the wallet will offer DeFi yield generation and a physical card, further enhancing its utility. This marks OKX’s second major wallet release, underscoring its commitment to innovation in the crypto space.

OKX to Launch Private Keyless Pay Wallet in Push for Mass Crypto Adoption

OKX CEO Star announced the launch of OKX Pay Wallet next week, targeting mainstream adoption by simplifying crypto transactions. The wallet integrates with OKX’s Ethereum Layer 2 network and supports USDC and USDT stablecoins, eliminating private key management while requiring KYC verification.

The payment-focused product will pair with DeFi yield generation and issue a physical card, marking OKX’s second wallet rollout in a month. This follows the exchange’s recent separation of DeFi and self-custody features from its centralized trading platform.

Mastercard Expands Stablecoin Integration with OKX Card Launch

Mastercard is accelerating its push into digital assets by unveiling end-to-end stablecoin payment capabilities. The payments giant will collaborate with crypto exchange OKX to launch the OKX Card, bridging crypto trading and Web3 activities with traditional spending networks.

The initiative enables merchants to settle transactions directly in stablecoins like USDC through partnerships with Nuvei and Circle. Paxos will extend support to additional stablecoins, signaling Mastercard’s strategic bet on blockchain’s mainstream utility.

"The benefits for mainstream use cases are clear," said Jorn Lambert, Mastercard’s chief product officer. The move underscores growing institutional confidence in stablecoins as a payments rail, with Mastercard’s vast merchant network providing critical infrastructure for adoption.