Crypto exchange OKX launched OKX Money, a standalone app that lets users convert more than 50 local currencies into U.S. dollar-backed stablecoins, at its OKX Now Product event in Singapore on Tuesday. The app lets customers fund accounts using more than 50 supported currencies, with deposits converted into dollar-backed stablecoins. OKX Money supports three stablecoins — Paxos’s USDG, Circle’s USDC, and Tether’s USDT — and offers up to 10% annual yield on eligible USDG balances, plus virtual and physical cards with no foreign-exchange markup and referral rewards.