Tether-backed Oobit integrates USDT into Brazil's Pix, opening access to nearly 170 million users

Tether-backed crypto payments app Oobit said it has connected USDT to Brazil's Pix instant-payment system, extending stablecoin access to almost 170 million Pix users. The company added that customers can convert local currency into USDT and move stablecoins between self-custody wallets and bank accounts. Oobit also supports transfers via multiple payment rails, including Pix, SEPA, ACH, SPEI and Instapay.