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OKX will partner with MasterCard to launch OKX Card

Mastercard is further delving into the digital asset economy, announcing on Monday the launch of new global features to support stablecoin payments in its vast merchant network, Internet reports. The payments giant is partnering with cryptocurrency trading platform OKX to launch the "OKX Card", which aims to connect crypto transactions and Web3 activities with daily consumption. At the same time, through cooperation with Nuvei and Circle, merchants will soon be able to directly use stablecoins, including Circle-issued USDC, to complete transaction settlement. Paxos will also assist in extending this functionality to other supported stablecoins, such as USDP.

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