OKX CEO Star Xu has announced that Crypto Exchange is preparing to launch a new product called Pay Wallet next week, promoting wider adoption of Crypto.
In a recent post, the CEO of Crypto Exchange revealed a screenshot of the company’s latest products to be announced next week. Xu said the aim of the new product is to advance adoption of Crypto and bring in more new users.
We will be releasing OKX Pay wallets next week. That’s the path to recruiting 1 billion users! I’m looking forward to trying it out! @okx @wallet pic.twitter.com/zrpa1xzhqc
– Star (@star_okx) April 25, 2025
“We’re launching OKX Pay wallets next week. This is the path to recruiting 1 billion users Crypto! Try it out!” Xu said.
Xu’s announcement also received positive responses from the appearance of Crypto Industry, including Paolo Ardoino, CEO of Tron’s founder Justin Sun and Tether (USDT).
Pay wallets are designed to be a new type of private keyless wallet. The application is equipped with a card and requires the user to enter customer verification.
Not only that, the new keyless wallet will also be integrated into the platform’s Ethereum (ETH) layer2 network x layer. Based on the screenshots shared by Xu, Pay Wallet will focus on enabling USDC (USDC) and USDT Stablecoin payments, combining it with DEFI to provide returns. The app also provides users with a chat feature that lets them know if payments are received.
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Keyless wallets appear to be another feature in the existing OKX wallet apps released on the App Store and Google Play earlier this year.
“The OKX wallet allows you to store, trade, acquire and manage crypto and NFTs across over 100 blockchains.
Last March, the company’s Web3 Product Manager Kyle Chen admitted to accidentally revealing details about the OKX wallet app early. I’ve noticed that only once the post is shared, the app is available in certain regions only and can only be found on Google Play.
read more: OKX developers leak details about OKX wallet app “Too early”
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