OKX to introduce OKX Card, enabling stablecoin use at Mastercard merchants with tiered rewards

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Yaroslav Dmytrenko

21.10.2026

OKX to introduce OKX Card, enabling stablecoin use at Mastercard merchants with tiered rewards — OKX unveils virtual Mastercard product

OKX announced the upcoming launch of the OKX Card, a virtual Mastercard product that will allow users to spend stablecoins at merchants, earn tiered cashback rewards, and access additional yield features, with early access available via a waitlist.

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OKX has published details of the upcoming "OKX Card," a virtual Mastercard product enabling users to spend stablecoins at merchants that accept Mastercard. According to the announcement, the card features no transaction or foreign exchange fees, a tiered cashback structure (ranging from 2% to 10% in USDG depending on card tier), and allows users' OKX Pay balances to earn yield between purchases. Eligibility for rewards is tied to using USDG with auto repayment enabled, and cashback is capped by the user’s tier and resets monthly. The card is issued by WebBank and integrated with OKX Pay, with the launch targeted at U.S. or broader international users following a similar European rollout. Users are invited to join a waitlist for early access, and additional terms on rewards, eligibility, and stablecoin risks are disclosed on the linked information page.

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How to join the promotion

To participate in the OKX Card early access campaign, users should log in to their OKX account and join the waitlist for the new virtual Mastercard product. Once accepted, enable OKX Pay and set Auto repayment with USDG in your balance. Spend using the OKX Card wherever Mastercard is accepted and earn cashback rewards according to your tier. Registration for the waitlist is available via the official sign-up link.

OKX is an international cryptocurrency exchange established in 2017, offering access to over 100 cryptocurrencies and various investment programs. The platform features a multilingual interface, an educational academy, mobile app support, and high-security storage options including cold and hot wallets. For more details, see the broker profile on Traders Union.

For additional background, see our earlier news about OKX’s launch of its Shield program in the U.S., which provides eligible customers with up to $500,000 in account protection. You can read more details in the previous OKX update on Traders Union here.

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