USDC
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USDT
+0.0%OKX launches stablecoin savings app for emerging markets with up to 10% APY
Image: Crypto BriefingOKX launched its standalone OKX Money stablecoin savings and payments app on October 6 2026 at its OKX Now event in Singapore. The app targets select emerging markets across Latin America, Africa, South Asia and the Middle East. It converts more than 50 local currencies into dollar-backed stablecoins including USDG, USDC and USDT. Eligible USDG balances earn up to 10% APY with no staking or lockup required. Users access zero-fee conversions, global transfers and a card with no foreign exchange fees plus 10% cashback on qualifying purchases.
Key points
- OKX Money lets users hold, send and spend USDG, USDC and USDT
- The app converts more than 50 local currencies into dollar-backed stablecoins
- OKX is rolling out the app market by market to align with local regulatory requirements
Why it matters
The app gives emerging market users access to low-cost dollar-backed stablecoin savings and payments, a use case aligned with rising cross-border stablecoin flows for remittances and savings.
What's unclear
The specific initial launch markets for OKX Money are not disclosed
How the 10% APY on eligible USDG balances is funded is not explained
Price context · USDC
At publication
$0.9999
Now
$0.9996
Change since
−0.04%
7 days
Sources · 5 publishers
CoinCentral
Tier 3
OKX Launches Stablecoin App Offering Up to 10% Yield in Emerging Markets
Blockonomi
Tier 3
OKX Launches OKX Money Stablecoin App With Up to 10% Yield
Crypto Daily
Tier 3
OKX Launches OKX Money App for Stablecoin Savings, Transfers and Card Spending
Bitcoinist
Tier 2
OKX Money Launches Stablecoin Savings And Cards In Standalone App
Coverage timeline
- First reported by Crypto Briefing
- Also reported by CoinCentral
- CryptoVideos brief published
- 4 more publishers added to sources
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
