OKX has introduced a payment card for European Economic Area users that allows purchases funded directly from USDC or USDG balances anywhere Mastercard is accepted.

The move integrates on-chain dollar liquidity with established card rails, reducing FX and off-ramp frictions while keeping merchant acceptance unchanged. Issued by regulated provider Monavate, the program provides a compliant path to spend stablecoins in everyday contexts, with conversion handled behind the scenes so merchants continue receiving fiat.

For consumers, this expands the utility of stablecoin holdings without requiring manual cashouts; for OKX, it deepens wallet lock-in and payments frequency. Strategically, it underscores card networks’ role as the near-term bridge between stablecoin treasuries and retail point-of-sale, even as MiCA standardizes e-money–like oversight across the EEA.

The launch signals accelerating competition among exchanges and fintechs to treat stablecoins as a funding source, not just a trading asset.

Read More:
https://www.okx.com/learn/modernizing-money-with-onchain-payments