Stablecoins Just Broke Through the Banking Wall.
Singapore – February 23, 2026
More than $150 billion in stablecoins circulate globally. Yet until now, most of that value still relied on legacy correspondent banking systems to reach traditional bank accounts.
Oobit today announced the launch of real-time wallet-to-bank transfers, enabling stablecoins held in self-custody wallets to settle directly into bank accounts through local payment rails including SEPA in Europe, ACH in the United States, SPEI in Mexico, PIX in Brazil, and INSTAPAY in the Philippines.
The launch removes one of the final structural barriers between digital assets and traditional banking infrastructure.
Completing the Final Mile of Stablecoin Settlement
Stablecoins have become a dominant settlement layer on-chain. Off-chain conversion, however, has remained slow, opaque, and dependent on intermediaries.
With Oobit’s wallet-to-bank infrastructure, users can now send funds to their own bank account or directly to a third-party recipient, complete transfers in seconds instead of days, initiate payments directly from their self-custody wallet through Oobit DePay technology, and settle into local bank accounts via SEPA, ACH, SPEI, PIX, INSTAPAY, and additional real-time payment rails.
Transfers are executed through local payment systems rather than correspondent banking corridors, significantly reducing settlement time and intermediary complexity. Crypto remains in user control until transaction authorization, reinforcing Oobit’s wallet-native architecture.
Supported payout currencies currently include USD, EUR, MXN, and PHP, with additional markets launching.
Extending Wallet Control Into Banking
Oobit previously enabled stablecoin payments across more than 150 million Visa merchants worldwide, allowing users to pay in store while merchants receive fiat.
With wallet-to-bank transfers now live, users can now complete the full financial loop without leaving self-custody. They can spend stablecoins at merchants, send peer-to-peer globally, and settle directly into supported bank accounts, all from the wallet they already own.
“If crypto cannot reach a bank account in real time, it cannot function as everyday money,” said Amram Adar, CEO of Oobit. “This launch removes the correspondent banking dependency and enables stablecoins to operate at internet speed across both digital and traditional systems.”
Implications for Cross-Border Users
For freelancers receiving stablecoin payments, businesses operating across jurisdictions, and families sending cross-border transfers, settlement speed and cost are critical.
By routing transactions through local real-time payment rails instead of traditional correspondent banking corridors, transfers settle in seconds rather than days, with significantly fewer intermediary layers.
Stablecoins are evolving from trading instruments into real-world settlement infrastructure integrated directly with mainstream banking systems.