OKX Prepares for Pay Wallet Launch Next Week to Drive Crypto Adoption

OKX CEO Star Xu has announced the upcoming launch of a new product, the Pay Wallet, designed to increase crypto adoption and attract new users. The wallet is expected to be launched next week, with screenshots revealing its features. 🎙️ Xu explained that this new tool will act as a gateway to broader crypto usage. Notably, the Pay Wallet will leverage X Layer, OKX’s Ethereum (ETH) Layer2 network, for smooth and secure transactions. It will also support USDC and USDT stablecoin payments along with DeFi integrations for increased returns. 💰 Additionally, a chat feature allows users to confirm payments. This new wallet appears to be distinct from the existing OKX Wallet app, already available on App Store and Google Play, which offers a comprehensive solution for managing crypto and NFTs across multiple blockchains. The Pay Wallet is expected to further enhance user engagement within the OKX ecosystem.