Revolutionizing Stablecoin Payments
A major leap in global mobile payments has arrived. Oobit, a cutting-edge digital wallet backed by Tether, has announced a deep integration with Phantom, a leading wallet in the Solana ecosystem. This collaboration marks a pivotal moment in bringing blockchain-based payments into everyday commerce.
One-Click Transactions, No Pre-Funding Needed
Users can now spend stablecoins directly at millions of Visa-enabled merchants worldwide through Oobit's DePay system. Funds are instantly deducted from their connected wallets and converted into local fiat currency in real time—no pre-loading balances or third-party intermediaries required.
- Fully decentralized; users retain full control of their keys
- Multi-chain ready with enhanced support for Solana’s high-speed network
- Settlements occur in seconds, outpacing traditional cross-border methods
This breakthrough bridges the gap between crypto assets and real-world spending, transforming stablecoins into practical payment tools. With Solana co-founder Anatoly Yakovenko participating in Oobit’s $25M Series A, the vision for scalable off-chain payments gains strong momentum. Further chain and network expansions are expected as the ecosystem evolves.