CryptoMediaClub
Tuesday, July 8, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App

17.05.2024
A A
0
133
VIEWS
ShareShare

Tether Operations Limited, the largest entity in the digital asset ecosystem, announced a strategic partnership with Oobit, a mobile payment app, and the TON Foundation on May 16.

The partnership comes after Tether launched USDT and XAUt on The Open Network (TON) in April.

Tether and TON Foundation Partner with Oobit to Revolutionize Crypto Payments for Merchants

Tether Collaborates with @ton_blockchain and @oobit To Create Seamless Crypto-Payment Solution
Read more: https://t.co/Qaf6gTPhK9 pic.twitter.com/A9A3P6L5He

— Tether (@Tether_to) May 16, 2024

According to Thursday’s announcement, the partnership will enhance the user experience for transactions with its digital assets, USDT and Tether Gold (XAUt), on The Open Network (TON). By incorporating the Oobit mobile payment app, Tether will provide merchants with a more seamless and convenient way to handle cryptocurrency payments.

Oobit’s Tap & Pay feature allows merchants to receive fiat currency even if the payment is in USDT. The integration is set to expand the practical use of cryptocurrencies, making them a widely accepted payment option.

Earlier in February, Tether participated in Oobit’s Series A funding round, which raised $25 million. Oobit CEO Amram Adar highlighted the inclusive nature of the partnership.

“We’re not just providing another payment option; we’re providing unbanked access to the most prominent cryptocurrencies and worldwide payments using Oobit,” Adar said.

Peer-to-Peer Payments on Telegram with USDT Integration

The TON blockchain, integrated with Telegram, facilitates a simple, borderless experience for peer-to-peer payments. This, in turn, leads to a higher percentage of the population having access to decentralized services and an improved user experience.

Since the integration, over $200 million worth of USDT has been issued on TON‘s blockchain, enabling users to send USDT via direct messages on Telegram and utilize it for instant crypto Tap payments on Oobit.

USDT is also available on 14 other blockchains, including Tron and Ethereum, and joined the Celo network in March.

Tether’s CEO, Paolo Ardoino, expressed enthusiasm about the collaboration.

“Together, we will provide banking solutions to the unbanked population and revolutionize how users transact with cryptocurrencies, making it easier and more convenient,” said Ardoino.

Earlier this month, Tether officially announced additional investment into CityPay.io, a platform enabling users to make payments at various establishments, including Wendy’s and Radisson Hotels, using cryptocurrencies like Bitcoin. It also plans to expand to Armenia, Azerbaijan, Kazakhstan, and Uzbekistan.

The post Tether and TON Partner with Oobit for USDT-to-Fiat Transactions via Mobile App appeared first on Cryptonews.

Share10Tweet6ShareSharePin2

Related Posts

[LIVE] Crypto News Today: Latest Updates for July 8, 2025 — Nasdaq-Listed Murano Global Adopts Bitcoin Treasury Strategy With $500M Backing
All news

[LIVE] Crypto News Today: Latest Updates for July 8, 2025 — Nasdaq-Listed Murano Global Adopts Bitcoin Treasury Strategy With $500M Backing

08.07.2025
0

The crypto market is showing negative signals today, with the total crypto market cap falling 4.6%. Bitcoin is down 1.5%...

Read moreDetails
Software Developer Polaris Office Joins South Korea’s Stablecoin Craze

Software Developer Polaris Office Joins South Korea’s Stablecoin Craze

08.07.2025
London Duo Jailed for $2 Million Crypto Scheme

London Duo Jailed for $2 Million Crypto Scheme

08.07.2025
ChatGPT’s 42-Signal TON Analysis Flags Critical $2.70 Support Collapse After UAE Golden Visa Scandal

ChatGPT’s 42-Signal TON Analysis Flags Critical $2.70 Support Collapse After UAE Golden Visa Scandal

08.07.2025
Pi Coin Price Prediction: Daily Volume Collapses Below $100M – Are Whales Dumping and Vanishing for Good?

Pi Coin Price Prediction: Daily Volume Collapses Below $100M – Are Whales Dumping and Vanishing for Good?

07.07.2025
Load More
Next Post
South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring

South Korean Police Arrest 34 in Swoop on Crypto-powered Drugs Smuggling Ring

3 1 vote
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Avalanche’s HyperSDK blockchain upgrade hits 143K TPS on testnet

Avalanche’s HyperSDK blockchain upgrade hits 143K TPS on testnet

2 years ago

DeFi Lending Protocol Fintoch Reportedly Rug Pulls Investors for $31.6M

2 years ago
BloFin warns of low crypto market liquidity amid macroeconomic shifts

BloFin warns of low crypto market liquidity amid macroeconomic shifts

1 year ago
Chinese Authority Warns of Fake Digital Yuan App Scam

Chinese Authority Warns of Fake Digital Yuan App Scam

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff

ChatGPT’s 42-Signal TON Analysis Flags Critical $2.70 Support Collapse After UAE Golden Visa Scandal

Pi Coin Price Prediction: Daily Volume Collapses Below $100M – Are Whales Dumping and Vanishing for Good?

DDC Enterprise’s Bold Bitcoin Move: Boosting Holdings to 368 BTC Signals Strategic Shift

BONK’s SOL Buying Spree Counters Pump.Fun $741M Sell-off – Can LetsBONK Trigger 70% Pump?

Canaan’s Astounding 1,484 BTC Holdings: A Bitcoin Mining Powerhouse Emerges

Trending

[LIVE] Crypto News Today: Latest Updates for July 8, 2025 — Nasdaq-Listed Murano Global Adopts Bitcoin Treasury Strategy With $500M Backing
All news

[LIVE] Crypto News Today: Latest Updates for July 8, 2025 — Nasdaq-Listed Murano Global Adopts Bitcoin Treasury Strategy With $500M Backing

08.07.2025
0

The crypto market is showing negative signals today, with the total crypto market cap falling 4.6%. Bitcoin...

Software Developer Polaris Office Joins South Korea’s Stablecoin Craze

Software Developer Polaris Office Joins South Korea’s Stablecoin Craze

08.07.2025
London Duo Jailed for $2 Million Crypto Scheme

London Duo Jailed for $2 Million Crypto Scheme

08.07.2025
Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff

Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff

08.07.2025
ChatGPT’s 42-Signal TON Analysis Flags Critical $2.70 Support Collapse After UAE Golden Visa Scandal

ChatGPT’s 42-Signal TON Analysis Flags Critical $2.70 Support Collapse After UAE Golden Visa Scandal

08.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz