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Grafa — OKX launches EU stablecoin payment card | Grafa

OKX launches EU stablecoin payment card

Written by Jon CuthbertPublished Jan. 29 2026Last Updated Jan. 29 2026

OKX has launched a stablecoin payment card in Europe, allowing verified users to spend USDC and USDG at merchants that accept Mastercard.

The OKX Card is issued through regulated electronic money institution Monavate and operates on Mastercard’s network under Europe’s Markets in Crypto-Assets Regulation framework.

“With OKX Card, we’re making it simple for anyone in Europe to use crypto for real-world purchases,”

Said OKX Europe chief executive Erald Ghoos.

The card supports stablecoin spending from OKX Pay, a self-custodial wallet within the OKX app that can be funded directly from the exchange.

OKX said the card is only available to users who complete mandatory know-your-customer and anti-money-laundering checks in line with EU regulatory requirements.

Monavate, which issues the card, operates across the European Economic Area and is set to be acquired by self-custodial wallet provider Exodus following a deal announced in November 2025.

The launch comes amid growing adoption of crypto-linked payments in Europe, with stablecoins increasingly positioned as tools for everyday spending rather than speculative use.