2 0
BULLISH 📈 : OKX launches crypto payment card across the European Economic Area
OKX Expands Payments with OKX Card in Europe
- OKX launched the OKX Card across the European Economic Area, enabling stablecoin payments at merchants accepting Mastercard.
- The card allows users to pay directly with stablecoins without prior conversion or preloaded fiat balances.
- No transaction or FX fees are charged; a 0.4% market spread applies when converting stablecoins to euros.
- Issued through a licensed European payments partner, the card adheres to AML and KYC requirements.
- Compatible with Apple Pay and Google Pay, it works anywhere Mastercard is accepted.
- A limited rewards program offers crypto cashback during the initial launch period.
- This product showcases the integration of DeFi elements like self-custody and on-chain settlement into traditional payment systems.
OKB Consolidation Post-2025 Repricing
- OKB is trading near $107, undergoing consolidation after a significant repricing in late 2025.
- The price corrected from peaks above $220–$240, shifting control toward sellers.
- Current trends show OKB below the 50-day moving average, which limits upward movement.
- The 100-day moving average also slopes downward, creating resistance between $120 and $135.
- The 200-day moving average acts as medium-to-long-term support, positioned just below the current price.
- Market shows reduced volatility and range compression, indicating equilibrium rather than selling pressure.