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OKX Card brings stablecoin spending on Mastercard to most US states

OKX launched its Mastercard virtual card in most US states, letting customers spend USDC, USDT and USDG from OKX Pay without converting to dollars first.

Miniature Mastercard contactless payment chip

OKX Card, a Mastercard virtual card issued by WebBank, went live for eligible customers in most US states on November 2, 2026, letting them spend USDC, USDT and USDG held in OKX Pay wallets with no transaction or FX fees. Massachusetts, New York and five US territories are excluded.

Why it matters: US holders of the three stablecoins can now spend them at any merchant that accepts Mastercard without converting them to dollars first, and the card can be added to Apple Pay or Google Pay. OKX pays up to 10% cashback on eligible USDG purchases with Autopay, capped at $18,000 a year at its top tier, and PYMNTS reports that the US launch follows earlier OKX Card rollouts in Europe, South Asia and Africa.

Source: OKX, November 2, 2026; PYMNTS, November 2, 2026

Related: StraitsX and Visa extend stablecoin-backed card issuing to more than 100 markets · Visa Direct moves stablecoin prefunding into production with Inyo Global


Image: Anytime, CC BY-SA 4.0, via Wikimedia Commons

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