Tether-backed mobile payment app Oobit enters the US market.
AI Summary1 min read
TL;DR
Oobit, a Tether-backed mobile payment app, partners with Bakkt to launch in the US on December 9th. It enables touch-to-pay crypto purchases via non-custodial wallets, with merchants receiving real-time fiat settlements through Visa.
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Smart ContractsLayer 1OobitTethermobile paymentcryptocurrencyBakkt
According to Mars Finance, The Block reports that Oobit, a Tether-backed mobile payment app, has announced a partnership with Bakkt and will officially launch in the US on Monday (December 9th). The "touch-to-pay" solution integrates non-custodial wallets such as Base, Binance, MetaMusk, Phantom, and Trust Wallet, allowing users to make purchases directly using cryptocurrency on iOS and Android devices. Merchants will receive fiat currency settlements in real time through their existing Visa payment network.