OKLink, a subsidiary of the popular Malta-based cryptocurrency exchange OKEx, will launch its own stablecoin, known as USDK, today.
According to an email sent to CoinTelegraph by a representative of the exchange, the USDK will be released today in collaboration with the U.S. custody service Prime Trust.
The exchange's subsidiary published yesterday on its official Twitter account a series of images of the agreement signed between OKLink and Prime Trust.
OKEx, OKLink's parent company, is the world's second largest crypto exchange by adjusted trading volume. It is currently working on the development of its own DEX and blockchain (OKChain).
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