OKX Adds USDT0 Deposits, Withdrawals and Self-Custody Through Tempo Partnership

OKX said it is partnering with Tempo, a payments network backed by Stripe and Paradigm, to expand access to USDT0 transfers and self-custody features for users.

USDT0

Summary

OKX announced a partnership with Tempo, a payments network backed by Stripe and Paradigm, to launch USDT0 deposits, withdrawals and self-custody for users. The update indicates that OKX customers will be able to move USDT0 on and off the platform and hold it in self-custody (users control their own private keys). In crypto markets, deposit and withdrawal support is a basic access layer that can improve asset mobility across trading venues and wallets, while self-custody is widely used by users who want direct control over their digital assets.

Terms & Concepts
  • Self-custody: A way of holding crypto where the user, not an exchange or third party, controls the private keys needed to access and transfer funds.
  • USDT0: A digital token referenced in the announcement as the asset being enabled for deposits, withdrawals and self-custody on OKX through the Tempo partnership.
  • Private keys: Secret cryptographic credentials that prove ownership of blockchain assets and authorize transactions from a wallet.