Mastercard®-Powered OKX Card Is Now Live in the United States, Unlocking Stablecoin Spending for Everyday Purchases

The virtual card enables eligible U.S. customers to make purchases backed by USDC, USDT and USDG held on OKX Pay, with up to 10% cashback on eligible USDG purchases.¹

Today, OKX Card is launching in the United States,² unlocking stablecoin spending for eligible U.S. customers.

OKX Card puts the speed and efficiency of stablecoins to work when customers need them, giving them a simpler way to pay wherever they shop. The Mastercard®-powered virtual card lets customers spend backed by USDC, USDT and USDG held in their OKX Pay wallet without first converting to fiat or moving funds into a separate balance. Customers can simply tap and go at the hundreds of millions of merchants that accept Mastercard® globally, with zero transaction fees and zero FX fees on purchases.

That seamless experience addresses a familiar problem: holding stablecoins and spending them have long been two separate experiences. Moving from a crypto wallet to an everyday purchase often means manually converting to fiat, routing funds through another account or accepting additional fees. OKX Card closes that gap.

Stablecoins held in a customer’s OKX Pay wallet secure the card’s spending limit. The virtual card can be activated in the OKX app and added to Apple Pay or Google Pay.

Customers can choose Autopay to earn cashback on eligible USDG purchases, starting at 2% and reaching up to 10% at the highest tier, with a maximum of $18,000 in annual rewards.¹ Customers can also repay manually from their linked USD balance.

Beyond the card, USDG balances held on OKX Pay can earn yield between purchases, with rates that scale up to 10% APY according to a customer’s OKX Pay tier.³ This means stablecoins can continue working until the moment they are spent.

A customer’s OKX Pay tier is based on whichever is highest: their OKX VIP tier, 30-day average OKX Pay balance or 30-day OKX Card spend. Customers always receive the highest rate available to them, and existing OKX VIPs are matched to the equivalent tier automatically.

Eligible OKX Card holders can also receive 50% back on select subscriptions, including services such as OpenAI, Claude and Netflix, up to $20 per month. No enrollment is required.

Customers can also refer a friend and each earn $10 in USDG after completing three qualifying transactions.

Stablecoins are increasingly used to hold value. What has been missing is a straightforward way to put them to work on everyday purchases without extra conversion steps, preserving the speed and efficiency that make stablecoins useful.

With OKX Card for spending and OKX Pay for yield, customers can use stablecoins across one connected experience, bringing U.S. customers into a spending experience already available in other markets on a platform serving more than 150 million people globally.

OKX Card is live now for eligible customers across most U.S. states and select territories.

¹ Cashback rates are determined by a customer’s OKX Pay tier, which is set by the highest of their OKX VIP tier, 30-day average OKX Pay balance or 30-day OKX Card spend. USDG cashback rewards are available only for USDG spending with Autopay enabled. The maximum $18,000 in annual USDG rewards applies to the highest tier, on up to $15,000 in monthly spend.

² OKX Card is available to U.S. customers in select states and territories, excluding Massachusetts, New York, American Samoa, Guam, the Northern Mariana Islands, Puerto Rico and the U.S. Virgin Islands.

³ Pay USDG APY rates are determined by a customer’s OKX Pay tier. Pay USDG APY falls back to the 3.5% base APY on amounts above the $10,000 cap.

OKX Card is issued by WebBank. Terms apply.