OKX Launches Stablecoin Savings and Payments App

OKX Launches Stablecoin Savings and Payments App

OKX is launching a stablecoin savings and payments app across emerging markets, offering up to 10% APY on eligible USDG balances.

OKX debuts a platform that turns 50 currencies into digital dollars, betting emerging market investors want stablecoins

"The key gap for people and institutions is settlement," Haider Rafique, OKX's global managing partner, tells Fortune.

OKX Targets Emerging Markets with Yield Stablecoin Savings, Payments App

OKX has rolled out a new stablecoin savings and payments app called OKX Money in select markets across Latin America, Africa, South Asia, and the Middle East. The product is designed to let users convert deposits from more than 50 currencies into dollar-backed stablecoins and use them for payments—while potentially earning an annual yield of [...]

OKX eyes emerging markets with yield-offering stablecoin savings and payments app

OKX Money lets users hold, send and spend dollar-backed stablecoins, with qualifying USDG balances earning up to 10% APY.