OKX Launches Yield-Boosting Stablecoin App for Emerging Markets

Key Summary

Crypto exchange OKX has launched a stablecoin savings and payments app in emerging markets, offering up to 10% APY on dollar-backed stablecoins. The app allows users to hold, send, and spend stablecoins, with qualifying balances earning interest. OKX aims to expand its presence in these markets with the rollout of the app.