Business & Economy · 1 view
OKX debuts a platform that turns 50 currencies into digital dollars, betting emerging market investors want stablecoins
Crypto exchange OKX launched a standalone app on Tuesday that lets users convert more than 50 local currencies into U.S. dollar-backed stablecoins, as the company tries to expand its offerings beyond just being an exchange.
AI Summary
OKX released a standalone app called OKX Money that enables users to turn over 50 local currencies into U.S. dollar‑backed stablecoins. The launch occurred at the OKX Now Product event in Singapore on Tuesday. The service is targeted at emerging‑market investors in Latin America, Africa, South Asia and the Middle East as the exchange expands beyond its core trading platform.
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