Oobit Launches Crypto Payment Solution For U.S. Visa Users Worldwide

TLDR

• Oobit enables seamless crypto payments from self-custody wallets at Visa checkout.
• U.S. users can now pay directly from MetaMask, Trust Wallet, and others.
• Oobit partners with Bakkt to provide a regulated, U.S.-wide payment infrastructure.
• Oobit’s solution allows users to pay with crypto without merchant onboarding.

Oobit, a global crypto payments app, has officially launched in the United States, offering a solution for users to make payments directly from their self-custody wallets. This means U.S. consumers can now use popular wallets such as MetaMask, Trust Wallet, and Base to pay at any Visa-accepting merchant worldwide.

This launch marks a significant step forward for Oobit, which aims to bridge the gap between crypto assets and everyday spending. Previously, crypto users could store, trade, and transfer digital assets but faced difficulties when attempting to use them for regular purchases. Oobit addresses this gap by allowing users to spend their crypto without needing to convert it into traditional currency first.

Seamless Payments from Self-Custody Wallets

Before Oobit’s launch in the U.S., crypto holders faced numerous barriers when trying to use their assets for everyday purchases. Many had to go through lengthy processes to convert their crypto into fiat currency or rely on custodial services. With Oobit, users can now pay directly from their self-custody wallets without any intermediary steps. This innovation provides greater control over their digital assets.

Oobit CEO Amram Adar emphasized that this development would transform the way people interact with crypto. “Crypto promised financial freedom, but Americans were limited the moment they reached checkout. We built Oobit to solve that,” he said. The app’s ability to allow users to make direct payments using stablecoins is a major milestone for the crypto industry, providing a user-friendly and accessible solution.

Partnership with Bakkt Provides U.S. Compliance

To support the U.S. launch, Oobit has partnered with Bakkt, a regulated digital asset company. Bakkt’s infrastructure ensures compliance with U.S. regulations and covers all 50 states. Through this collaboration, Oobit can provide a reliable, compliant, and scalable crypto payment solution across the nation.

Akshay Naheta, CEO of Bakkt, highlighted the importance of this partnership. “Bakkt is proud to partner with Oobit as they expand into the U.S. Our digital-asset infrastructure is built for scale and stability, and coupled with our U.S.-wide compliance framework, we are perfectly positioned to ensure their successful launch,” he said.

This partnership ensures that Oobit’s technology integrates seamlessly with existing payment systems while adhering to all necessary legal and regulatory standards.

Simple and Transparent Payment System

Oobit’s platform is designed to make crypto payments as simple as possible. There are no hidden fees, no staking requirements, and no complicated token-gated systems. Users simply connect their self-custody wallets to the app and can make payments at any Visa-accepting merchant worldwide.

The solution works by converting stablecoins into fiat currency at the point of sale. Merchants receive fiat payments instantly, while users retain full control of their assets until the transaction is complete. This eliminates the complexity often associated with crypto payments, making it easy for both users and merchants to adopt.

Oobit’s easy-to-use system and transparent approach are expected to make it a valuable tool for those looking to use crypto for daily transactions.

A New Era for Crypto Payments

Oobit’s U.S. launch represents a significant shift in how digital assets are used. It has the potential to bring crypto payments into the mainstream, allowing users to shop with their preferred self-custody wallets at millions of global merchants.

The U.S. launch is just the beginning for Oobit. The company plans to expand its services further, continuing to innovate and make crypto payments more accessible to everyday users.

The post Oobit Launches Crypto Payment Solution For U.S. Visa Users Worldwide appeared first on CoinCentral.