Oobit connects to the PIX network in Brazil and supports users to pay using USDT

The payment application Oobit supported by Tether integrates with the Brazilian central bank's instant payment network PIX. Users can recharge Brazilian reals, hold USDT, and complete daily payments through the PIX network within the Oobit application. Users can send USDT to PIX Key or scan the QR code, and on chain settlement will be completed in the background. PIX Brazil has nearly 170 million users. Oobit has completed a $25 million Series A funding round led by Anatoly Yakovenko, co-founder of Tether and Solana.