The post Oobit adds Phantom wallet support, connecting Solana to Visa appeared on BitcoinEthereumNews.com. Tether-backed mobile payments application Oobit announcedThe post Oobit adds Phantom wallet support, connecting Solana to Visa appeared on BitcoinEthereumNews.com. Tether-backed mobile payments application Oobit announced

Oobit adds Phantom wallet support, connecting Solana to Visa

Tether-backed mobile payments application Oobit announced native support for Phantom, a leading wallet in the Solana ecosystem.

Summary

  • Oobit has added native support for Phantom, a leading wallet in the Solana ecosystem, enabling Solana-based assets to be spent at over 80 million Visa-accepting merchants worldwide.
  • Using Oobit’s DePay solution, users can make one-tap contactless payments directly from their Phantom wallet without intermediaries, retaining full control of their funds.
  • Oobit converts supported Solana assets into fiat currency at checkout, while merchants receive fiat payments.

According to ETH News, the integration connects Solana-based assets to Visa’s global payment infrastructure, enabling cryptocurrency transactions at retail locations. The update allows Phantom users to spend digital assets at more than 80 million merchants worldwide that accept Visa, the company said.

The integration utilizes Oobit’s DePay solution, which enables one-tap “Tap & Pay” transactions using contactless payment technology. Transactions settle directly from the user’s wallet without intermediaries at the point of purchase, according to the announcement.

Users retain control of funds in their non-custodial Phantom wallet until a transaction is executed, with no requirement to transfer balances to a centralized exchange or custodial account. At checkout, Oobit automatically converts supported Solana assets, including native tokens and stablecoins, into local fiat currency. Merchants receive fiat settlement, while users transact with cryptocurrency balances.

Oobit’s platform already supports several major non-custodial wallets, including MetaMask, Trust Wallet, and Coinbase Wallet. The Phantom integration provides access to one of the most active user bases in the cryptocurrency sector, particularly within the Solana ecosystem.

The Phantom rollout follows Oobit’s international expansion in late 2025. The company recently launched services in the United States through a partnership with Bakkt and expanded operations in Brazil, according to previous announcements.

The integration represents efforts to connect blockchain networks with established payment infrastructure for retail transactions.

Source: https://crypto.news/oobit-phantom-wallet-support-connecting-solana-visa/

Market Opportunity
Ambire Wallet Logo
Ambire Wallet Price(WALLET)
$0.01012
$0.01012$0.01012
0.00%
USD
Ambire Wallet (WALLET) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
Shiba Inu Price Forecast: Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

Shiba Inu Price Forecast: Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

While Shiba Inu (SHIB) continues to build its ecosystem and PEPE holds onto its viral roots, a new contender, Layer […] The post Shiba Inu Price Forecast: Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale appeared first on Coindoo.
Share
Coindoo2025/09/18 01:13
Stellar (XLM) Price Analysis for February 1

Stellar (XLM) Price Analysis for February 1

The post Stellar (XLM) Price Analysis for February 1 appeared on BitcoinEthereumNews.com. The crypto market keeps reaching new local lows, according to CoinStats
Share
BitcoinEthereumNews2026/02/02 05:21