The cryptocurrency giants OKX and Binance have announced new features specifically designed for the Brazilian audience. The companies will offer integrated payment cards and digital wallets, aimed at making the use of crypto assets more practical in daily life.
During the Token2049 conference in Singapore, OKX revealed that Brazil will be the first market to receive its new services: OKX Pay, a digital dollar account backed by stablecoins, and OKX Card, a card linked to the wallet. The focus is on Brazilians looking for dollarization alternatives, international payments, and digital investments. OKX Pay can already be accessed in the exchange's app, while the waiting list for the card opens next month, with a full launch expected by the end of 2025.
The company explained that the two services are designed to work together: OKX Pay functions as a digital wallet that offers annual yield, while OKX Card allows direct payments with the available balance, without IOF charges or exchange fees.
Binance, for its part, announced in partnership with Mastercard the relaunch of the Binance Card in Brazil. The product enables instant conversion of cryptocurrencies into reais at the time of purchase or withdrawal, at any establishment that accepts Mastercard. The card will support over 10 cryptos, including Bitcoin (BTC), Ethereum (ETH), and various stablecoins, expanding the options for using crypto in everyday life.
Both Binance and OKX emphasize the importance of Brazil as a strategic market. The country stands out not only for the size of its economy but also for the technological profile of its population. According to the 2025 Global Adoption Index by Chainalysis, Brazil ranks fifth globally in cryptocurrency adoption and leads Latin America, with a growth of 63% just in 2025.
