On April 30, OKX CEO Star announced that OKX Pay has been officially launched at the main venue of the Token2049 Summit in Dubai, and said that OKX Pay is the world's first crypto payment wallet with a complete built-in compliance system, enabling users to send and receive USDT and USDC instantly and securely around the world. OKX Pay is built on account abstraction (AA) architecture and ZK Email technology. It not only has multi-signature, anti-money laundering (AML), password retrieval and other mechanisms, but also realizes zero transaction fees on the X Layer of OKX's self-developed ZK two-layer network, and provides users with an annualized return on USDT of up to 5%. Star stressed: "In the future, all Financial Institution Groups will provide some level of non-custodial services in compliance, covering scenarios such as payments and remittances. OKX Pay and X Layer are building the underlying infrastructure needed for this future, and will enable hundreds of millions of users to truly enter the crypto and Web3 world."