Oobit Partners with Stable to Bring a New Standard of Payments
This partnership enables low cost, instant stablecoin payments, making them the simplest and most reliable way to move value anywhere.
Oobit, a global payments app that lets you pay with crypto anywhere Visa is accepted, has announced a new partnership with Stable, the Layer 1 blockchain network designed for stablecoin based transactions across supported assets and built for streamlined payment flows. This partnership will provide USDT users on Stable access to pay online or in store at over 80 million merchants in regions like the United States, South Korea, Singapore, UAE, Nigeria, Brazil, Argentina, and more than 30 additional countries.
The integration will provide Oobit customers with the ability to process payments via Stable’s L1 blockchain. This will enable customers to process USDT payments with very low transaction fees and allow other token transfers and smart contract operations to be paid directly in USDT rather than via native chain tokens, as is typical with incumbent blockchains.
Stable has recently announced partnerships with multiple enterprise payment platforms to unlock new commerce use cases for stablecoins, furthering their adoption within the broader financial ecosystem. Oobit adds to this by building payment applications on Stable which shift how people move money, providing individuals with spending advantages rather than prioritizing institutional benefits.
The Tether ecosystem is growing. Stable money on a stable chain, now spendable in real life. Real money, finally used. Amram Adar, CEO of Oobit.
About Oobit
Backed by Tether, Oobit lets anyone pay in store or online with stablecoins using any wallet, fully agnostic from Phantom, MetaMask to Trust Wallet to Binance Wallet. It delivers a simple Apple Pay style experience while running global compliant issuing operations in over 100+ countries, connecting the world’s wallets to real world spending.
About Stable
Stable is a Layer 1 blockchain designed for seamless financial transactions, powered by USDT as the native gas token. Its design prioritizes usability, reducing friction for end users by eliminating the need for volatile tokens for transaction fees. Ideal for global digital payments, remittances, and cross-border transactions, Stable enables virtually instant settlement, enhances capital efficiency, and creates a user-friendly ecosystem for developers and users alike.