According to official sources, OKX CEO Star announced at the main venue of the Dubai Token2049 Summit that OKX Pay has been officially launched, and stated that OKX Pay is the world's first encrypted payment wallet with a complete compliance system built-in, supporting users to send and receive USDT and USDC instantly and securely worldwide. OKX Pay is built on the Account Abstraction (AA) architecture and ZK Email technology, which not only has mechanisms such as multi signature, Anti Money Laundering (AML), and password recovery, but also achieves zero transaction fees on OKX's self-developed ZK two-layer network X Layer, and provides users with an annualized USDT yield of up to 5%.
Star emphasized, "In the future, all financial institutions will provide some degree of non custodial services in a compliant manner, covering payment and remittance scenarios. OKX Pay and X Layer are building the underlying infrastructure needed for this future, which will drive billions of users to truly enter the world of encryption and Web3
