OKX CEO Star: OKX Pay Will Become the Gateway for Billions of Users to Enter Web3

On April 30th, as per official channels, OKX CEO Star declared at the main venue of the Token2049 summit in Dubai that OKX Pay has officially been launched. Star pointed out that OKX Pay is the world's first encrypted payment wallet equipped with a complete built-in compliance system, enabling users to instantly and securely send and receive USDT and USDC globally. OKX Pay is constructed based on the Account Abstract (AA) architecture and ZK Email technology and incorporates mechanisms like multi-signature, Anti-Money Laundering (AML), password recovery, etc. Additionally, it achieves zero transaction fees on OKX's self-developed ZK Layer 2 network, X Layer, and offers users a maximum USDT annual yield of 5%. Star emphasized: "In the future, all financial institutions will provide certain forms of non-custodial services in a compliant manner, encompassing scenarios such as payments and remittances. OKX Pay and X Layer are building the underlying infrastructure required for this future, driving hundreds of millions of users into the world of crypto and Web3."