Oobit, a non-custodial cryptocurrency payments company, has officially launched its services in Colombia, marking its ninth active market. This expansion follows significant growth in Brazil, where Oobit users average 20 transactions per month, primarily using USDT for everyday purchases. The Colombian peso's high ranking in stablecoin purchases underscores the growing demand for crypto payment solutions in the region. Backed by a $25 million funding round led by Tether, Oobit aims to enhance digital asset utility across Latin America. CEO Amram Adar highlighted the shift in Latam towards using crypto for daily transactions, positioning the region as a leader in the practical use of digital assets. The company's expansion reflects its strategy to capitalize on the increasing adoption of cryptocurrencies for routine payments in Latam.