OKX partners with Circle, Ripple and SC Ventures
- —Circle will provide stablecoin liquidity and facilitate stablecoins as a medium of exchange
- —Ripple handles payment connectivity, SC Ventures connects OKX to banks and custodians
- —OKB broke $126.96 resistance and climbed to $133 after the announcement
- —OKX stablecoin balances grew from about $3 billion in 2023 to over $11.5 billion
Why it matters: The partnerships broaden OKX's institutional access to fiat, stablecoins and tokenized assets, though the undisclosed funding limits the near-term impact.
Source: AMBCrypto
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