The global payment app Oobit supported by Tether now allows wallet transfers to any bank account worldwide. This feature is powered by the routing infrastructure of distributed technology research company (DTR). It provides real-time updates on cryptocurrency sending and fiat receiving, and settles within seconds through local payment channels such as SEPA, ACH, and SPEI. Initially, Oobit supports multiple fiat currencies and over 20 cryptocurrencies without going through traditional cross-border banking systems. DTR has been acquired by Bakkt, which facilitated this integration with the goal of simplifying payments between digital assets and traditional assets.
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The global payment app Oobit supported by Tether now allows wallet transfers to any bank account worldwide. This feature is powered by the routing infrastructure of distributed technology research company (DTR). It provides real-time updates on cryptocurrency sending and fiat receiving, and settles within seconds through local payment channels such as SEPA, ACH, and SPEI. Initially, Oobit supports multiple fiat currencies and over 20 cryptocurrencies without going through traditional cross-border banking systems. DTR has been acquired by Bakkt, which facilitated this integration with the goal of simplifying payments between digital assets and traditional assets.