Oobit enters Colombia, stablecoin increasingly used for everyday shopping in Latin America. Oobit, the crypto payments company backed by Tether , has just launched in Colombia, bringing its total number of markets to nine countries. The platform allows users to spend crypto directly from their wallets via Visa at over 150 million points of sale globally. In Brazil, activity has increased by over 200% since its launch, with USDT being the most widely used asset and 35% of transactions coming from supermarkets and grocery stores. The broader picture shows stablecoins gaining a clear advantage in Latin America, with the total global stablecoin market value exceeding $322 billion, up from $243 billion just a year ago.
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