OKX launched OKX Money on October 6, a standalone application enabling users to save, send and spend dollar-backed stablecoins (USDG, USDC, USDT) with fee-free conversions between these assets. The app supports international transfers in over 50 currencies and offers rewards of up to 10% APY on eligible USDG balances, with no staking or lock-up required. The offering also includes virtual and physical cards with up to 10% cashback and no foreign exchange fees. OKX targets a broad audience with a simplified interface: approximately 70% of the users it aims to serve have never used a crypto application. The rollout is gradual across participating markets.
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