Techub News reports that, according to The Block, Tether-supported mobile wallet Oobit has native integration with the Solana ecosystem wallet Phantom, claiming to enable over 15 million Phantom users to complete crypto asset payments at Visa-supported merchants through Oobit's DePay system. The announcement states that payments will be deducted directly from users' self-custody wallets and fiat currency will be exchanged during the settlement process, reducing steps like pre-funding. Oobit previously raised $25 million in Series A funding led by Tether, CMCC Global, 468 Capital, and Solana co-founder Anatoly Yakovenko.
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Techub News reports that, according to The Block, Tether-supported mobile wallet Oobit has native integration with the Solana ecosystem wallet Phantom, claiming to enable over 15 million Phantom users to complete crypto asset payments at Visa-supported merchants through Oobit's DePay system. The announcement states that payments will be deducted directly from users' self-custody wallets and fiat currency will be exchanged during the settlement process, reducing steps like pre-funding. Oobit previously raised $25 million in Series A funding led by Tether, CMCC Global, 468 Capital, and Solana co-founder Anatoly Yakovenko.