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Tether-supported payment application Oobit connects to the Brazil PIX network, supporting USDT transaction settlement.

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ME News Report, June 24 (UTC+8), Tether-supported payment app Oobit has integrated Brazil's central bank's instant payment network PIX, allowing users to top up Brazilian Real (BRL), exchange and hold USDT within the Oobit app, and complete daily payments via the PIX network. Oobit states that users can send USDT to any PIX Key or scan a QR code to pay, with on-chain settlement completed in the background, while the front-end experience is consistent with the PIX process in existing banking apps. Brazil's PIX currently has nearly 170 million users. Previously, in 2024, Oobit completed a $25 million Series A funding round led by Tether and Solana co-founder Anatoly Yakovenko. (Source: PANews)
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