News · Stablecoins & Payments
The consumer-focused application offers zero-fee stablecoin conversions and up to 10% APY on USDG balances in select markets.
Key point 1 of 3
01
OKX launched OKX Money, a standalone mobile app focused on saving, transferring, and spending stablecoins .
Key point 2 of 3
02
The app supports deposits across over 50 currencies, offering fee-free conversions between USDG, USDC, and USDT .
Key point 3 of 3
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Eligible users can receive up to 10% APY on USDG without lockups, alongside zero foreign exchange card spending .
Context
Retail users in emerging markets often face double-digit currency depreciation alongside 2% to 5% banking fees for foreign exchange access, prompting crypto firms to build…
Why it matters
Cardholders in participating jurisdictions gain lower-cost digital dollar accounts, while issuers of supported stablecoins USDG, USDC, and USDT secure direct consumer payment…
What to watch
Market-by-market rollout milestones and user adoption metrics across OKX's 30-plus licensed jurisdictions.
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