OKX CEO Star Xu declared that the crypto change is making ready to launch a brand new product referred to as Pay Pockets subsequent week to spice up broader crypto adoption.
In a current submit, the crypto change’s CEO revealed screenshots of the agency’s newest product that can 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! 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 highway to billion customers crypto adoption! Wanting ahead to strive it!” mentioned Xu.
Xu’s announcement additionally garnered constructive 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 applying will come outfitted with a card and require customers to enter Know-Your-Buyer verification.
Not solely that, the brand new keyless pockets may also 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 concentrate on enabling USDC (USDC) and USDT stablecoin funds, combining it with DeFi to offer returns. The app additionally supplies customers with a chat characteristic that permits them to verify whether or not funds are acquired.
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The keyless pockets seems to be a separate characteristic 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 function 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 by accident revealed particulars in regards to the OKX pockets app too early. It was solely after the submit was shared that he realized the app was solely accessible in choose areas and will solely be discovered on Google Play.
Learn extra: OKX developer spills particulars about OKX Pockets app ‘too early’
