PANews reported on December 8th that Oobit, a Tether-backed crypto payment app, has officially entered the US market and partnered with Bakkt for compliant operations, covering all 50 states. Users can make "tap-to-pay" transactions through non-custodial wallets such as Base, Binance, and Phantom, while merchants instantly receive fiat currency settlements through the Visa network. This expansion is Oobit's largest since its $25 million Series A funding round in 2024.PANews reported on December 8th that Oobit, a Tether-backed crypto payment app, has officially entered the US market and partnered with Bakkt for compliant operations, covering all 50 states. Users can make "tap-to-pay" transactions through non-custodial wallets such as Base, Binance, and Phantom, while merchants instantly receive fiat currency settlements through the Visa network. This expansion is Oobit's largest since its $25 million Series A funding round in 2024.
Tether-backed payment app Oobit enters the US market, partnering with Bakkt to expand its operations across all 50 states.
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PANews reported on December 8th that Oobit, a Tether-backed crypto payment app, has officially entered the US market and partnered with Bakkt for compliant operations, covering all 50 states. Users can make "tap-to-pay" transactions through non-custodial wallets such as Base, Binance, and Phantom, while merchants instantly receive fiat currency settlements through the Visa network. This expansion is Oobit's largest since its $25 million Series A funding round in 2024.
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