On April 28th, OKX CEO Star announced on the official website that the first version of OKX Pay has been officially launched, embedded in the OKX App and open to some markets. OKX Pay adopts a method of private key sharding management, dividing the private key in half, with one half stored in the user's Passkey and the other half stored by OKX. OKX Pay will focus on stablecoin payments, initially supporting USDT and USDC, and will gradually integrate more stablecoins in the future. In addition, it also introduces a new feature "passive income" where users will automatically earn income on their deposits.
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