With OKX Pay, users will also be able to engage with DeFi protocols and real-world asset (RWA) applications, subject to regulatory permission and local requirements, alongside everyday payments.
This launch reflects where the crypto industry is today. After years focused on trading and infrastructure, the next phase of product-market fit, is about everyday utility. Payments are an obvious place to start.
Crypto payment apps have existed for years, yet adoption for daily use remains low. Not because the idea failed, but because existing digital payment apps work well enough. People tolerate transaction caps, cross-border friction even within Europe, and settlement fees that can quietly reach 1-5%.
For crypto payments to succeed, they cannot be marginally better. They must be materially better.
Why Crypto Payments Are Finally Ready
