According to ChainCatcher, market sources indicate that Oobit, a Tether-backed mobile wallet, has announced native integration with the Solana ecosystem wallet Phantom. Users can now make stablecoin payments with a single click at merchants worldwide that support Visa through Oobit's DePay system.
Funds are deducted from your wallet in real time and automatically converted to fiat currency, without the need for pre-transfers or intermediaries. Solana co-founder Anatoly Yakovenko participated in Oobit's $25 million Series A funding round.
