South Africa Turns USDT Into Everyday Money with Oobit

Sub-Saharan Africa has become one of the fastest growing crypto regions in the world. According to the Chainalysis Sub-Saharan Africa Crypto Adoption 2025 Report, the region received more than 205 billion dollars in on chain value between July 2024 and June 2025, a 52% year-over-year increase. South Africa stands out for its regulated environment, strong institutional participation, and deeply rooted retail usage.

Despite the scale of adoption, everyday spending remained limited. South Africans could hold stablecoins, move them, and save in them, but could not use their wallets directly at checkout.

Oobit now closes that gap.

Oobit has officially launched in South Africa, enabling users to pay at more than 100 million Visa accepting merchants worldwide using any self custody wallet. In store. Online. Across borders. Users connect their preferred wallet and pay.

A stablecoin driven market ready for real world use

Sub-Saharan Africa’s crypto activity is characterized by strong retail participation and high engagement across everyday transaction sizes. The region sees a significant share of transfers under 10,000 dollars, reflecting widespread use for payments and financial access rather than speculation.

South Africa plays a central role with licensed virtual asset providers, clear regulatory pathways, and active institutional involvement. Crypto is increasingly used for cross border trade, value preservation, and practical financial needs where traditional rails fall short.

Oobit turns self custody wallets into spendable money

Oobit’s decentralized settlement layer, DePay, enables secure, gasless, on chain payments directly from user controlled wallets. A smart contract executes the payment once authorized, allowing:

Pay instantly at any Visa accepting merchant
Use their existing wallets with full control
Enjoy up to 10% cashback with eligible currency on every purchase

A shift in how South Africans use digital assets

“South Africans already trust stablecoins as everyday money. Users can finally spend USDT and other anywhere on chain with almost zero fees. When money meets this combination of benefits, our vision becomes real. Wallets will replace banks. Stablecoins will be the new money. Crypto will become the default.,” said Amram Adar, CEO of Oobit.

Crypto adoption in the region is driven by practical needs including cross border payments, inflation hedging, and financial access. Oobit lets this real world usage naturally extend into everyday spending.

Regulatory aligned and financially practical

South Africa’s capital control environment has historically limited the ability to spend digital assets directly. Oobit resolves this by converting stablecoins into fiat at the moment of purchase through regulated Visa rails. Merchants receive fiat instantly while users keep full wallet control.

This model works within existing financial guidelines and requires no operational changes from merchants.

A key milestone in Oobit’s global rollout

The South Africa launch follows recent expansions in Brazil, the Philippines, and Thailand. Each rollout strengthens Oobit’s mission to make stablecoins spendable anywhere Visa works. With Sub-Saharan Africa among the world’s fastest growing crypto regions, South Africa is now positioned to lead the move from holding digital assets to using them in everyday life.