Tether Supports Oobit in Launching Wallet Transfer Functionality to Any Bank Account Worldwide

Odaily News: The global payment application Oobit, backed by Tether, now supports wallet transfer functionality to any bank account worldwide. When users send cryptocurrency, they can see in real-time the amount of cryptocurrency deducted from their wallet and the amount received in the recipient's bank account, with no hidden currency conversions or unexpected fees. After entering the recipient's information and confirming, the transaction can be settled within seconds through local payment channels, including SEPA in Europe, ACH in the United States, and SPEI in Mexico. Initially, it supports fiat currency transfers in USD, EUR, Mexican Peso, and Philippine Peso, as well as cryptocurrency transfers including 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 join soon. (The Block)