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Crypto app OKX’s partnership with Circle to allow users to more easily convert between U.S. dollars and USDC stablecoins and back on a one-to-one basis and simplify on- and off-ramping for use of stablecoins for trading and payments

July 10, 2025 //  by Finnovate

The 60 million global users of OKX’s crypto app will soon be able to more easily convert between U.S. dollars and USDC stablecoins and back on a one-to-one basis. This enhanced capability will be enabled by a new partnership between OKX and Circle Internet Group, which issues USDC through a regulated affiliate. The partnership will deepen liquidity for USD-to-USDC and USDC-to-USD conversions, making these conversions easier across OKX products and services. It will also simplify on- and off-ramping via the companies’ mutual banking partners to facilitate OKX customers’ use of USDC for trading and payments. The companies will also collaborate to teach users about the benefits of USDC and other digital currencies via educational and community engagement programs. “By working together, we’re further improving the user experience across our platform while accelerating the adoption of stablecoins in everyday finance,” OKX Founder and CEO Star Xu said. Circle Co-founder, Chairman and CEO Jeremy Allaire said that there is growing demand for USDC from businesses and individuals.

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Category: Members, Crypto & Blockchain, Innovation Topics

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