Breaking: Tether-backed @oobit has integrated @arbitrum - one of Ethereum's leading L2 networks, into its payments infrastructure.
Now 10M+ stablecoin holders on Arbitrum can spend their assets at 150M+ Visa-accepting merchants across 200+ countries, no bridging, no conversion, no friction.
The network secures $16B in TVL, counts 130K+ daily active wallets, and has saved its ecosystem over $11B in gas fees to date. Transactions settle in seconds, fees cost pennies.
As Oobit CEO @amram_adar put it: the infrastructure was ready - what remained was connecting crypto to real-world commerce.
Earlier this year, Oobit added native Phantom/Solana support. The expansion is backed by Tether - $189B $USDT in circulation.
