On April 30, OKX CEO Star announced that OKX Pay has been officially launched at the main venue of the Dubai Token2049 Summit, and stated that OKX Pay is the world's first encrypted payment wallet with a built-in complete compliance system, allowing users to send and receive USDT and USDC instantly and securely on a global scale. OKX Pay is built based on Account Abstraction (AA) architecture and ZK Email technology. It not only has mechanisms such as multi-signature, anti-money laundering (AML), and password recovery, but also achieves zero transaction fees on the X Layer of OKX's self-developed ZK second-layer network. Provide users with USDT annualized rate of return of up to 5%. Star emphasized: "In the future, all financial institutions will provide some degree 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, which will propel hundreds of millions of users into the world of encryption and Web3."