OKX CEO Star Xu declared that the crypto change is making ready to launch a brand new product known as Pay Pockets subsequent week to spice up broader crypto adoption.
In a current put up, the crypto change’s CEO revealed screenshots of the agency’s newest product that will likely be unveiled subsequent week. Xu mentioned the aim of the brand new product could be to drive crypto adoption ahead and get extra new customers onboard.
We are going to launch OKX Pay Pockets subsequent week. It’s a street to billion customers crypto adoption! Wanting ahead to strive it! @okx @pockets pic.twitter.com/zRpa1XzHqC
— Star (@star_okx) April 25, 2025
“We are going to launch OKX Pay Pockets subsequent week. It’s a street to billion customers crypto adoption! Wanting ahead to strive it!” mentioned Xu.
Xu’s announcement additionally garnered optimistic responses from crypto business figureheads like Tron (TRX) founder Justin Solar and Tether (USDT) CEO Paolo Ardoino.
The Pay Pockets is designed to be a brand new kind of personal keyless pockets. The applying will come outfitted with a card and require customers to enter Know-Your-Buyer verification.
Not solely that, the brand new keyless pockets will even be built-in into the platform’s Ethereum (ETH) Layer2 community, X Layer. Primarily based on the screenshots shared by Xu, the Pay Pockets will give attention to enabling USDC (USDC) and USDT stablecoin funds, combining it with DeFi to offer returns. The app additionally gives customers with a chat function that permits them to substantiate whether or not funds are acquired.
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The keyless pockets seems to be a separate function to the already present OKX Pockets app, which was launched earlier this yr on the App Retailer and Google Play.
“OKX Pockets lets you retailer, commerce, earn, and handle your crypto and your NFTs throughout 100+ blockchains – multi functional easy resolution,” mentioned the crypto change within the official description.
Final March, the agency’s web3 product supervisor Kyle Chen admitted that that they had unintentionally revealed particulars concerning the OKX pockets app too early. It was solely after the put up was shared that he realized the app was solely obtainable in choose areas and will solely be discovered on Google Play.
Learn extra: OKX developer spills particulars about OKX Pockets app ‘too early’
