The post OKX CEO Star Announces Launch of OKX Pay Wallet appeared on BitcoinEthereumNews.com.

OKX CEO Star Announcement:- The adoption of crypto payment for real-world utility has seen accelerated development. Global crypto users have surpassed 560 million including individuals holding or transacting in crypto. Of these holders, 39 % have reported using crypto to purchase goods or services at least once in a year. Currently, over 18 000 merchants or businesses worldwide are accepting crypto payments. In another strategic move towards this, the leading exchange OKX has hinted at a new business move. OKX Founder, Star Xu, has revealed in a X post that the exchange will launch OKX Pay Wallet next week. He touted the Pay Wallet as “the road to billion-user crypto adoption.” The separate Pay Wallet launch comes a month after OKX launched a standalone OKX Wallet app. The past month launch decoupled the OKX Wallet’s DeFi and self-custody features from the primary OKX CEX platforms. And now this further splitting off payments into a standalone Pay Wallet signals company’s efforts to scale and enter crypto payments business segment. How will OKX Pay Wallet look like OKX CEO Star did not reveal explicit details about the product in his X post. However, he did share two screenshots from the OKX Pay Wallet interface. We will launch OKX Pay Wallet next week. It’s a road to billion users crypto adoption! Looking forward to try it! @okx @wallet pic.twitter.com/zRpa1XzHqC — Star (@star_okx) April 25, 2025 Accordingly, certain features of the OKX Pay Wallet as indicated by OOX CEO Star would include: 1. The new payment product will be integrated into the OKX exchange application. This implies there will be no separate or standalone launch. 2. It will enable users to make P2P transfers, QR/NDC merchant checkouts. The wallet will be purely payment centric with instant fiat on-/off ramps. 3. The OKX Pay Wallet…

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Filed under: News - @ April 25, 2025 6:26 pm