OKX upgrades @XLayerOfficial to build a leading public chain for DeFi, payments, and RWAs.

OKX upgrades @XLayerOfficial to build a leading public chain for DeFi, payments, and RWAs.

OKX, a prominent cryptocurrency exchange, has announced a significant upgrade to its infrastructure by integrating @XLayerOfficial to build a leading public chain for decentralized finance (DeFi), payments, and risk-weighted assets (RWAs). This strategic move aims to enhance the platform's capabilities and position it as a major player in the expanding crypto ecosystem.

The integration of @XLayerOfficial, a blockchain technology provider, will enable OKX to develop a robust public chain tailored to meet the demands of modern financial services. The new chain is expected to offer enhanced scalability, security, and interoperability, crucial for supporting the growth of DeFi applications, cross-border payments, and the management of RWAs.

The upgrade is part of OKX's broader strategy to expand its offerings and cater to a more diverse range of users, including institutional investors. By leveraging the capabilities of @XLayerOfficial, OKX seeks to provide a seamless and secure environment for various financial services, including lending, borrowing, and trading.

The announcement comes at a time when the stablecoin market is witnessing intense competition, with Circle Internet Financial's USDC stablecoin gaining traction despite Tether's USDT maintaining a significant lead in circulation. Circle's recent earnings report highlighted the company's strategic focus on developing a full-stack integrated platform and launching the Arc blockchain, a move that underscores the importance of innovative technology in the stablecoin sector.

As the stablecoin market continues to evolve, OKX's integration of @XLayerOfficial positions it well to capitalize on the growing demand for advanced financial services. The company's ability to manage costs, scale effectively, and navigate regulatory developments will be critical to its success in this competitive landscape.

For more details, refer to the following sources:
[1] https://www.wsj.com/finance/currencies/circle-internet-group-crcl-q2-earnings-report-stock-crypto-2025-df03698a?gaa_at=eafs&gaa_n=ASWzDAgrstOfSZ-MhEZmM5HQQQidoJiBn1GjKoma9J-bScrmJDHtIpSw7B1e&gaa_sig=GvwvyaD8AsMPlyQFWaunD0AvrWSwpJW9TUPsmqIynhoNag-92eqaHrFh5MN_v2aHd6frh0o4bg97UA26MrOy2A%3D%3D&gaa_ts=689ba4bc
[2] https://www.wsj.com/finance/currencies/circle-posts-loss-in-crypto-firms-first-earnings-report-after-ipo-df03698a?gaa_at=eafs&gaa_n=ASWzDAiYVoYytnkM2WIsUY5xT9GihKFat056oldBv9nu_9v8cKoft7e8OSFL&gaa_sig=Tcv3SPBfPac8sv2pi66EKdQPP63Bbia7kGS7cnj8Y8AIW3jemV4e7LBfWLT4JC4AolmVhpIS-YXYDweC8URG5Q%3D%3D&gaa_ts=689ba4bc
[3] Investing.com (https://www.investing.com/news/transcripts/earnings-call-transcript-circle-internet-q2-2025-stock-jumps-on-strong-revenue-93CH-4185242)
[4] Sherwood (https://sherwood.news/crypto/circle-jumps-after-beating-on-revenue-in-its-first-earnings-report/)
[5] Blockworks (https://blockworks.co/news/takeaways-circles-first-earnings-call)
[6] Moomoo (https://www.moomoo.com/news/post/56836850/circle-s-first-earnings-report-after-its-successful-listing-despite)
[7] AInvest (https://www.ainvest.com/news/circle-earnings-surge-era-stablecoin-investing-2508/)