OKX is one of the largest cryptocurrency exchange, servicing with over 50 million users globally. In an interview, OKX President ‘Hong Fang’ detailed that OKX’s is rebranding its core DeFi and CeFi integration strategy in order to expand self-custodial wallets and OKX pay.
Along the conversation, she explains how OKX builds trust through their On-chain proof of reserves, multi-layered risk control and governance mechanism. Fang later stated that the organization model is combined with both local and global resources.
She believes that the fundamental value of BTC lies in its honest infrastructure and auditability. With more understanding, Fang further stated that stablecoin are not the opposite of BTC but are rather an accelerator.
According to OKX president, the maturity of payment and infrastructure driven by stablecoin will ultimately promote wider adoption of BTC.