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

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

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/

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 crypto.news@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

No Longer Just a Token: Pi Network Is Quietly Building a Massive Digital Economy

No Longer Just a Token: Pi Network Is Quietly Building a Massive Digital Economy

No Longer Just a Token: Pi Network Is Quietly Building a Massive Digital Economy In the world of crypto, many projects begin as simple tokens designed prim
Share
Hokanews2026/03/07 12:34
Zoomex & UR Debut Transparent Multi-Currency Virtual Card

Zoomex & UR Debut Transparent Multi-Currency Virtual Card

Mahe, Seychelles – In an era where the cryptocurrency industry has been thoroughly tested and user demand for “transparency” has reached its peak, the world-leading
Share
TechFinancials2026/03/07 12:38
Xi Jinping speaks with US President Trump on the phone

Xi Jinping speaks with US President Trump on the phone

PANews reported on September 19th that President Xi Jinping spoke with US President Trump by phone tonight. They had a candid and in-depth exchange of views on current China-US relations and issues of mutual concern, and provided strategic guidance for the stable development of China-US relations in the next phase. The call was pragmatic, positive, and constructive. Xi Jinping emphasized the importance of China-US relations. China and the US can achieve mutual success and common prosperity, benefiting both countries and the world. To realize this vision, both sides must meet each other halfway and make efforts to achieve mutual respect, peaceful coexistence, and win-win cooperation. The recent consultations between the two teams demonstrated the spirit of equality, respect, and reciprocity. The two sides can continue to properly address outstanding issues in the relationship and strive for a win-win outcome. The US should refrain from taking unilateral trade restrictive measures to prevent undermining the achievements achieved through multiple rounds of consultations. China's position on the TikTok issue is clear. The Chinese government respects the wishes of businesses and welcomes them to conduct commercial negotiations based on market rules and reach solutions that comply with Chinese laws and regulations and balance interests. China hopes that the US will provide an open, fair, and non-discriminatory business environment for Chinese companies to invest in the United States.
Share
PANews2025/09/19 22:58