Oobit Integrates USDT With Brazil's Pix Network, Expanding Access to Nearly 170 Million Users

Tether backed payments app Oobit has integrated USDT with Brazil's Pix network, giving nearly 170 million Pix users access to stablecoin payments. The company said users can convert local currency into USDT and move funds between self custody wallets and bank accounts via Pix and other rails including SEPA, ACH, SPEI and Instapay.