According to CoinDesk, payment giant Mastercard is collaborating with OKX to launch the “OKX Card,” aimed at connecting cryptocurrency transactions and Web3 activities with everyday spending.
(Background: The first version of OKX Pay has officially launched, focusing on stablecoin payments)
(Context: OKX Chief Business Officer Lennix: OKX Wallet is committed to building a self-custodial and multi-chain ecosystem, balancing innovation and compliance)
On April 29, according to CoinDesk, Mastercard is further deepening its layout in the digital asset economy, announcing on Monday the launch of a new global feature supporting stablecoin payments within its vast merchant network. This payment giant is collaborating with cryptocurrency exchange platform OKX to introduce the “OKX Card,” which aims to bridge cryptocurrency transactions and Web3 activities with everyday consumer spending.
Meanwhile, through partnerships with Nuvei and Circle, merchants will soon be able to directly settle transactions using stablecoins, including USDC issued by Circle. Paxos will also assist in extending this functionality to other supported stablecoins, such as USDP.
___
