Project Progress

PANews January 14 News, according to The Block, Tether-supported mobile wallet Oobit announced native integration with the Solana ecosystem wallet Phantom. Users can make stablecoin payments at Visa-supported merchants worldwide through Oobit's DePay system with one click. Funds are deducted in real-time from the wallet and automatically converted to fiat currency, with no pre-transfer or intermediary required. Solana co-founder Anatoly Yakovenko was involved in Oobit's $25 million Series A funding.