Tether-backed wallet Oobit integrates Phantom, expanding Solana payment capabilities to the Visa network
According to ChainCatcher, Tether-backed mobile wallet Oobit has announced the native integration of Solana ecosystem wallet Phantom. Through Oobit's DePay system, users can make one-click stablecoin payments at merchants worldwide that support Visa.
Funds are deducted from the wallet in real time and automatically converted to fiat currency, with no need for pre-transfer or intermediaries. Solana co-founder Anatoly Yakovenko previously participated in Oobit's $25 million Series A financing round.
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