OKX launches Mastercard stablecoin card in the US, excluding New York and Massachusetts
The virtual card spends against USDC, USDT and USDG held in an OKX Pay wallet, with no transaction or FX fees on purchases. USDG cashback runs from 2% to 10% by tier.
· Effective · Verified 2026-11-03 via official announcement
Effective Nov 2, 2026: OKX launches Mastercard stablecoin card in the US, excluding New York and Massachusetts. Affects: OKX US customers outside Massachusetts. Source: okx.com, verified Nov 3, 2026.
Official site: okx.com
OKX said on 2 November 2026 that OKX Card is live for eligible US customers in most states and some territories. The Mastercard card is virtual-only, is issued by WebBank, and draws its spending limit from USDC, USDT and USDG held in the customer's OKX Pay wallet.
OKX says the card is not available in Massachusetts, New York, American Samoa, Guam, the Northern Mariana Islands, Puerto Rico or the US Virgin Islands. It can be activated in the OKX app and added to Apple Pay or Google Pay. Under the US cardholder agreement it is a secured charge card, not a debit or prepaid card: stablecoins in the OKX Pay wallet secure the spending limit and the balance must be repaid, either by Autopay or manually from a linked USD balance. The card cannot be used at ATMs or for cash advances.
The fee box in the agreement lists no annual fee, no purchase fee and no foreign transaction fee. OKX's cashback terms say cashback is calculated before the OKX conversion spread is applied; OKX does not publish a US spread figure on the pages DexSheet checked.
Cashback applies only to USDG spending with Autopay on, is paid in USDG to the OKX Pay wallet, and runs from 2% at the Classic tier to 10% at the top Infinite tier, capped at $18,000 a year on up to $15,000 of monthly spend. The tier depends on a customer's OKX VIP tier, average OKX Pay balance or card spend. A separate 50% rebate on some subscriptions, up to $20 a month, is a promotion that lasts six calendar months from activation.
OKX launched the card in the European Economic Area in January 2026 through issuer Monavate. The US card is offered by OKX Inc., which serves US residents separately from the global OKX exchange.
“Today, OKX Card is launching in the United States, unlocking stablecoin spending for eligible U.S. customers.”
— OKX announcement, 2 November 2026
Who this affects
OKX US customers outside Massachusetts, New York and the excluded territories who hold USDC, USDT or USDG in OKX Pay. The card is not part of the global OKX exchange.
OKX at a glance
OKX is a centralised crypto exchange, launched as OKEx in 2017, offering spot, perpetual and expiry futures, options, trading bots and earn products. The global schedule charges regular users 0.08% maker and 0.10% taker on spot and 0.02%/0.05% on futures. US residents use a separate platform run by OKX Inc. (not available in New York) whose fee page lists spot pairs only, at 0.20%/0.35% for regular users. In February 2025 the global operating entity pleaded guilty in the US to running an unlicensed money transmitting business.
Full OKX sheet · 0.2% round trip
Official site: okx.com
More from the newsroom
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- OKX - Mastercard-Powered OKX Card Is Now Live in the United States (2026-11-02) — checked 2026-11-03
- OKX - US cardholder agreement (secured charge card, fee box, no ATM use) — checked 2026-11-03
- OKX - US card cashback terms — checked 2026-11-03
- OKX Help - What is the OKX Card? (virtual-only at launch) — checked 2026-11-03
- OKX - OKX Card US page (cashback tiers) — checked 2026-11-03
- PYMNTS - OKX and Mastercard Bring Stablecoin Card to Most US States (2026-11-02) — checked 2026-11-03
- Cointelegraph - OKX launches EU stablecoin payment card via regulated issuer Monavate (2026-01-28) — checked 2026-11-03
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