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Door Remote - 06 Oct 2026
“Hundreds of millions of people have been excluded from dollar-denominated savings and frictionless global spending because the infrastructure was never built for them,” OKX said.
Crypto exchanges and payments companies are increasingly trying to turn stablecoins into a familiar consumer product: a dollar balance that can be held, sent and spent, rather than a token used for trading. Tracked crypto-card-spending topped $1 billion this year, as companies compete to bring stablecoin balances into everyday purchases.
Binance Pay also allows users to hold and spend stablecoins, earn passive yield and send cross-border payments with zero gas fees. Coinbase’s Coinbase One offers automated yield on USDC. Bybit Card and Savings offers automatic conversions from fiat to stablecoins and global spending via a Mastercard-backed card.
OKX’s aim is to take such services and package them in a way that could appeal to everyday consumers.
UPDATE (Oct. 6, 14:25 UTC): Restructures and adds additional paragraph on onchain frictions for non-crypto users.
Crypto exchanges and payments companies are increasingly trying to turn stablecoins into a familiar consumer product: a dollar balance that can be held, sent and spent, rather than a token used for trading. Tracked crypto-card-spending topped $1 billion this year, as companies compete to bring stablecoin balances into everyday purchases.
Binance Pay also allows users to hold and spend stablecoins, earn passive yield and send cross-border payments with zero gas fees. Coinbase’s Coinbase One offers automated yield on USDC. Bybit Card and Savings offers automatic conversions from fiat to stablecoins and global spending via a Mastercard-backed card.
OKX’s aim is to take such services and package them in a way that could appeal to everyday consumers.
UPDATE (Oct. 6, 14:25 UTC): Restructures and adds additional paragraph on onchain frictions for non-crypto users.