The first version of OKX Pay has been officially launched, focusing on stablecoin payments

On April 28th, OKX CEO Star announced through the official website that the first version of OKX Pay has been officially launched, which will be embedded in the OKX App and open to some markets. OKX Pay adopts the method of private key sharding management, dividing the private key into two parts, with half stored in the user's Passkey and the other half stored by OKX. OKX Pay will focus on stablecoin payments, with initial support for USDT and USDC, and will gradually integrate more stablecoins in the future. In addition, it has simultaneously launched a new feature called "passive income", where users' deposits will automatically receive returns.