PANews reported on April 28 that according to official news, OKX Pay (first version) is now officially launched and will be embedded in the OKX App and open to some markets. Relying on the X Layer public chain, it provides zero-fee encrypted payment services, supports self-custody, global seamless payment and daily automatic reward functions. OKX Pay uses a private key multi-signature method, one is the user's Passkey signature, and the other is signed by OKX. OKX Pay will focus on stablecoin payments, initially supporting USDT and USDC, and will gradually connect to more stablecoins in the future.

OKX CEO Star retweeted that the first version of OKX Pay still has some problems, but the system has been launched and the team will work hard to provide the best payment solutions for global users.