Oobit, the Tether-backed crypto payments app, has launched a global wallet-to-bank transfers feature through a partnership with routing infrastructure provider DTR. The service enables wallet-to-bank transfers to any bank account worldwide, with real-time visibility as crypto assets leave the sender’s wallet and the fiat amount arrives at the recipient’s bank account, with settlements occurring within seconds via local payment rails.
Initial support includes European SEPA, U.S. ACH, and Mexican SPEI. Fiat-side support includes USD, EUR, MXN, and PHP; crypto-side support includes BTC, ETH, USDT, XRP, BCH, LTC, DOGE, TRX, USDC, ADA, BNB, SOL, XLM, XTZ, SHIB, TON, XAUT, AVAX, BONK, TRUMP, USDR, EURR, KAIA, EURC, and more markets will be added progressively.
This solution bypasses the cross-border correspondent banking system. It reflects a broader shift in how crypto-enabled payments are settled globally.
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