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flag OKX launches fee-free EU crypto debit card with 20% rewards, backed by Mastercard and compliant with EU rules.

flag OKX has launched a Mastercard-backed crypto debit card in Europe, enabling users to spend stablecoins at 150 million global retailers with no fees and up to 20% rewards. flag The card, issued by a licensed European payments partner, operates under EU regulations including MiCA, uses onchain infrastructure, and converts stablecoins only at point-of-sale with a 0.4% spread. flag It supports Apple Pay and Google Pay, complies with AML and KYC rules, and emphasizes user control by avoiding centralized custody. flag The launch marks a step toward mainstream stablecoin use in daily payments, with plans for expanded features and partnerships.

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