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Reading: OKX Founder Reveals X Layer Roadmap and Major Stablecoin Launch
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EdaFace Newsfeed > Latest News > Crypto News > OKX Founder Reveals X Layer Roadmap and Major Stablecoin Launch
Crypto News

OKX Founder Reveals X Layer Roadmap and Major Stablecoin Launch

vitalclick
Last updated: October 3, 2025 12:05 pm
3 days ago
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Contents
Star Xu Shares Vision for X LayerPhase 1: Launching a StablecoinPhase 2: Robust InfrastructurePhase 3: Developer Support and FundingOKX’s Stance on MemecoinsExpanding Crypto Payments in SingaporeTrust with CoinPedia:Investment Disclaimer:Sponsored and Advertisements:

OKX founder Star Xu hinted at something big coming for the platform at TOKEN2049 Singapore. This initiative could change the way the platform works and make it stronger for both users and developers.

Star Xu Shares Vision for X Layer

Xu revealed the roadmap for the X Layer and said that building an open public chain is one of OKX’s core strategies. He added that the X Layer will become a fundamental layer for the OKX Wallet and OKX Exchange, helping to build a stronger ecosystem for both users and developers.

He outlined multiple stages for building the X Layer.

https://twitter.com/WuBlockchain/status/1974037792880541867

Phase 1: Launching a Stablecoin

The phase one focuses on launching a stablecoin on X Layer, with USDG expected to launch in the coming weeks. 

Phase 2: Robust Infrastructure

Phase two will focus on creating robust infrastructure. OKX plans to integrate major protocols such as Uniswap, Balancer, and Chainlink. These partnerships aim to provide a solid foundation for developers and users to interact with the ecosystem.

Phase 3: Developer Support and Funding

In phase three, OKX will deploy a $100 million Vision Fund to support the XL ecosystem. Part of this initiative will include an on-chain developer conference, where developers and projects can participate and earn direct rewards.

The goal is to support long-term, meaningful on-chain projects and encourage innovation that benefits the entire ecosystem.

True builders know crypto is a marathon, not a sprint. X Layer is built for the long run — and so are we. That’s why we’re launching a $100M X Layer Ecosystem Fund to support global builders shaping the next wave of onchain applications.

If you have long-term vision and real… https://t.co/xjGWIVSxDy

— Star (@star_okx) August 24, 2025

OKX’s Stance on Memecoins

Regarding memecoins, Xu expressed a neutral stance. He said that while OKX will not promote projects with fraudulent intent, the company respects well-run memecoin communities and may support long-term, legitimate projects in the ecosystem. 

The goal is to encourage innovation without compromising trust and security.

Expanding Crypto Payments in Singapore

OKX recently launched a new payment service in Singapore, letting customers pay GrabPay merchants directly using stablecoins like USDC and USDT. This is the first time GrabPay merchants in Singapore can accept crypto payments, signaling growing adoption of digital assets in the country

Payments made via OKX Pay are first converted to XSGD, a Singapore dollar-backed stablecoin from StraitsX, before merchants receive the funds in Singapore dollars. 

OKX also released its 35th Proof of Reserves. Bitcoin holdings increased to about 125,000 BTC, while Ethereum slipped to 1.704 million ETH and USDT dropped slightly to around 9.436 billion.

With X Layer and services like crypto payments in Singapore, OKX is building a safe, reliable, and long-term ecosystem for both developers and users.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

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