OKX Money Launches Stablecoin App With Up to 10% Yield
The app combines dollar-denominated balances, transfers and card spending, putting OKX in competition with payments products from Binance, Coinbase and Bybit.
Every Zipp story tagged #CryptoCards, newest first.
The app combines dollar-denominated balances, transfers and card spending, putting OKX in competition with payments products from Binance, Coinbase and Bybit.
Card purchases and every other Payy Network transaction are halted, while the company has disclosed neither customer losses nor a restart timetable.
The framing shifts the adoption debate from holding stablecoins to spending them, putting card usage and merchant acceptance at the center of crypto payments.
The breach wasn't in user-controlled wallets. It hit the third-party contract holding card-loaded funds, the exact handoff crypto-card spending depends on as volumes triple.
The increase points to crypto cards becoming a payments rail, moving stablecoins beyond exchange-balance conversion and closer to routine spending.
Card access turns stablecoin adoption into a consumer-payment question, shifting attention from balances to whether users can spend them.
The $4.5B cumulative total underscores crypto cards' growing role in everyday payments, with USDT gaining share while USDC remains dominant.
Crypto cards are becoming a measurable bridge between stablecoin liquidity and everyday payments, expanding the adoption case beyond market activity.
The benchmark shifts attention from trading activity toward the scale of crypto-linked payments in everyday commerce.
The warning exposes a central trade-off in stablecoin adoption: crypto can reach daily spending through Visa, but that route preserves dependence on traditional payment rails.
RedotPay now serves 8M users and processes $14B in annualized card volume on the back of that alleged diversion.
Crypto card transaction activity has grown roughly 2.7x since January 2025, with no correlation to Bitcoin's price…
The crypto card sector grew from a niche product in 2023 to nearly $660M in monthly volume by April 2026, with Solana climbing from zero to ~11.6% share while TRON and BSC cede ground to Ethereum's…