BlockBeats News, April 30th, according to official sources, OKX CEO Star announced at the main venue of the Token2049 summit in Dubai that OKX Pay has officially launched. Star stated that OKX Pay is the world's first encrypted payment wallet with a complete built-in compliance system, supporting users to instantly and securely send and receive USDT and USDC globally. OKX Pay is built on the Account Abstract (AA) architecture and ZK Email technology, featuring mechanisms such as multi-signature, Anti-Money Laundering (AML), password recovery, etc. Furthermore, it achieves zero transaction fees on OKX's self-developed ZK Layer 2 network, X Layer, and provides users with up to a 5% USDT annual yield.
Star emphasized: "In the future, all financial institutions will provide some form of non-custodial services in a compliant manner, covering scenarios such as payments and remittances. OKX Pay and X Layer are building the underlying infrastructure needed for this future, propelling hundreds of millions of users into the world of crypto and Web3."
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