Ripple and Circle backs OKX as it targets the next wave of stablecoin users

- OKX raised $200M at a flat $25B valuation, bringing in Circle, Ripple, and Standard Chartered. Why? Not because they needed cash, but because they want to turn you into a meat wallet for their stablecoin empire. Star Xu claims this is about "strategic fit," which is corporate speak for "we’re building a walled garden and charging rent." They’re launching OKX Money to let non-crypto normies spend USDC and earn yield, effectively bypassing the boring old banking system with higher fees and less privacy. It’s aggressive passive income wrapped in fintech glitter. The regulators are sleeping, so enjoy your 10% cashback before the hash manifest audit comes knocking.