OKX CEO Star Xu declared that the crypto alternate is getting ready to launch a brand new product referred to 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 probably 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’ll launch OKX Pay Pockets subsequent week. It’s a street to billion customers crypto adoption! Trying ahead to attempt it! @okx @pockets pic.twitter.com/zRpa1XzHqC
— Star (@star_okx) April 25, 2025
“We’ll launch OKX Pay Pockets subsequent week. It’s a street to billion customers crypto adoption! Trying ahead to attempt 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 can 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 concentrate on enabling USDC (USDC) and USDT stablecoin funds, combining it with DeFi to supply 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 12 months on the App Retailer and Google Play.
“OKX Pockets permits you to retailer, commerce, earn, and handle your crypto and your NFTs throughout 100+ blockchains – multi function easy answer,” mentioned the crypto alternate 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 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’
