Oobit, a Tether-backed mobile wallet, has integrated with Phantom, a Solana ecosystem wallet, enabling users to make stablecoin payments at Visa-accepting merchants globally. This integration allows for real-time fund deductions and automatic fiat conversion through Oobit's DePay system, eliminating the need for pre-transfers or intermediaries. Solana co-founder Anatoly Yakovenko participated in Oobit's recent $25 million Series A funding round, highlighting the strategic importance of this development.
Oobit Integrates Phantom for Solana Payments via Visa Network
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