OKX CEO Star Xu declared that the crypto alternate is getting ready to launch a brand new product known as Pay Pockets subsequent week to spice up broader crypto adoption.
In a current publish, the crypto alternate’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 can 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 highway to billion customers crypto adoption! Trying 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 highway to billion customers crypto adoption! Trying ahead to strive it!” mentioned Xu.
Xu’s announcement additionally garnered optimistic responses from crypto trade figureheads like Tron (TRX) founder Justin Solar and Tether (USDT) CEO Paolo Ardoino.
The Pay Pockets is designed to be a brand new sort of personal keyless pockets. The appliance will come geared up with a card and require customers to enter Know-Your-Buyer verification.
Not solely that, the brand new keyless pockets can even be built-in into the platform’s Ethereum (ETH) Layer2 community, X Layer. Based mostly on the screenshots shared by Xu, the Pay Pockets will deal with enabling USDC (USDC) and USDT stablecoin funds, combining it with DeFi to supply returns. The app additionally offers customers with a chat function that permits them to substantiate whether or not funds are obtained.
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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 12 months on the App Retailer and Google Play.
“OKX Pockets means that you can retailer, commerce, earn, and handle your crypto and your NFTs throughout 100+ blockchains – multi function easy resolution,” mentioned the crypto alternate within the official description.
Final March, the agency’s web3 product supervisor Kyle Chen admitted that that they had by accident revealed particulars in regards to the OKX pockets app too early. It was solely after the publish 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’
