OKX will partner with Mastercard to launch the OKX Card

BlockBeats News, April 29th, according to CoinDesk's report, Mastercard is further deepening its involvement in the digital asset economy, announcing on Monday a new global feature to support stablecoin payments within its vast merchant network.

The payment giant is partnering with the cryptocurrency exchange platform OKX to launch the "OKX Card," aimed at bridging crypto trading and Web3 activities with everyday spending. Meanwhile, through collaborations with Nuvei and Circle, merchants will soon be able to settle transactions directly using stablecoins, including USDC issued by Circle. Paxos will also assist in expanding this feature to other supported stablecoins such as USDP.