Odaily Planet Daily reports that the global payment app Oobit, supported by Tether, now supports wallet transfers to any bank account worldwide. When users send cryptocurrencies, they can see in real-time the amount of crypto deducted from their wallet and the amount received in the recipient’s bank account. There are no hidden currency conversions or unexpected fees. After entering recipient information and confirming, the transaction can be settled within seconds through local payment channels, including Europe’s SEPA, the US’s ACH, and Mexico’s SPEI. Initially, it supports fiat currency transfers in USD, EUR, MXN, and PHP, as well as cryptocurrencies like BTC, ETH, USDT, XRP, BCH, LTC, DOGE, TRX, USDC, ADA, BNB, SOL, XLM, XTZ, SHIB, TON, XAUT, AVAX, BONK, TRUMP, USDR, EURR, KAIA, and EURC. More markets are expected to be added soon. (The Block)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether Invests $200M in Whop to Expand Stablecoin Payments
Whop will use Tether’s Wallet Development Kit, enabling self-custodial wallets and direct on-chain settlements.
Users can transact with Tether-issued USDT and USAT, targeting regions with costly or slow cross-border payments.
Whop’s $200M funding values the platform at $1.6B, supporting g
CryptoFrontNews5h ago
Tether and Circle ramp up their presence in the South Korean market, possibly in response to local stablecoin regulations
Tether is currently hiring for multiple positions in South Korea, planning to expand the team to prepare for the upcoming "Basic Law on Digital Assets." At the same time, Circle is also advancing its local operations, and both actions are seen as preliminary arrangements for potential regulatory requirements.
GateNews10h ago
Tether and Circle ramp up their South Korean market presence, possibly in response to local stablecoin regulations
Tether has recently posted multiple job openings in South Korea, planning to expand its team to meet market demand. Industry insiders say that Circle is also pushing for business expansion. Additionally, South Korea's upcoming Digital Asset Basic Act may require overseas stablecoin issuers to establish local branches to comply with regulatory requirements.
GateNews10h ago
Foreign media: Whop receives a $200 million investment from Tether, with a valuation of $1.6 billion
PANews February 26 News, according to TFN, the global internet market platform Whop received a $200 million investment from Tether, valuing it at $1.6 billion. Yesterday, Tether disclosed a strategic investment in Whop but did not disclose the specific amount.
GateNews11h ago
Tether Invests in Whop to Expand Stablecoin Payments for Creators
_Tether embeds stablecoin payments directly into a global marketplace built for creators and entrepreneurs._
Tether has committed $200 million to Whop in a deal that values the online marketplace at $1.6 billion. The agreement links one of the largest digital dollar issuers with a fast-growing g
LiveBTCNews12h ago
Opinion: Tether's purchase of gold is a strategic treasury decision, and Bitcoin and gold can coexist as complementary assets.
Ivan Lee of QCP Group stated that Tether's large-scale gold purchases are a strategic treasury decision aimed at reducing correlation with the crypto market and hedging risks. Tether has accumulated approximately 130 tons of gold, accounting for 10% of central bank gold purchase demand during the same period. Investors can mitigate short-term and long-term risks by allocating assets in both gold and Bitcoin.
GateNews12h ago
