Overview
- Oobit’s app lets U.S. users pay from MetaMask, Trust Wallet, Base, Phantom, and Binance wallets on iOS and Android at any Visa-accepting merchant worldwide.
- Transactions convert crypto to fiat at checkout, and merchants receive funds immediately via existing Visa payment rails.
- The partnership with Bakkt provides the regulatory and licensing framework to operate across all 50 states.
- Oobit says payments work without merchant onboarding and without hidden fees or staking requirements.
- The U.S. debut follows a $25 million Series A led by Tether and a migration of the OOB token to Solana.