Odaily Planet Daily reports that the global payment app Oobit, supported by Tether, now supports wallet transfers to any bank account worldwide. When users send cryptocurrencies, they can see in real-time the amount of crypto deducted from their wallet and the amount received in the recipient’s bank account. There are no hidden currency conversions or unexpected fees. After entering recipient information and confirming, the transaction can be settled within seconds through local payment channels, including Europe’s SEPA, the US’s ACH, and Mexico’s SPEI. Initially, it supports fiat currency transfers in USD, EUR, MXN, and PHP, as well as cryptocurrencies like BTC, ETH, USDT, XRP, BCH, LTC, DOGE, TRX, USDC, ADA, BNB, SOL, XLM, XTZ, SHIB, TON, XAUT, AVAX, BONK, TRUMP, USDR, EURR, KAIA, and EURC. More markets are expected to be added soon. (The Block)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether CEO releases teaser video, possibly launching cryptocurrency debit card services
ChainCatcher News, Tether CEO Paolo Ardoino released a teaser video yesterday. The video features an application icon with a metallic texture similar to a bank card. The community speculates that Tether will launch a crypto debit card service.
GateNewsBot5h ago
Offshore Renminbi CNHT Enters History! Tether Withdraws in Two Phases, Redemption Window Closes in 2027
The world's largest stablecoin issuer, Tether, officially announced on February 21, 2026, that it will cease all support for the offshore Renminbi stablecoin CNHT (CNH₮). Starting immediately, new tokens will no longer be minted, and February 2027 has been set as the final redemption deadline. Existing holders will have a one-year transition period to convert their assets.
MarketWhisper6h ago
U.S. Seizes $61 Million USDT, "Pig Butchering" Scam Money Laundering Chain Crumbles
The Eastern District of North Carolina Federal Prosecutor's Office announced on February 24th that federal agents have seized over $61 million worth of Tether (USDT). Asset tracking shows that these cryptocurrency addresses are directly linked to money laundering activities related to "Pig Butchering" investment scams. The investigation was led by the U.S. Immigration and Customs Enforcement in Raleigh, North Carolina, with Tether assisting in the asset transfer process.
MarketWhisper9h ago
Tether Offshore Renminbi Stablecoin Enters History! CNHT Issuance and Redemption Removed Within 1 Year
Tether announces the termination of the offshore Chinese Yuan stablecoin $CNH₮ and is implementing a two-phase exit plan to address low demand and high costs. This move will focus resources on developing core stablecoins with greater market share potential, especially in the context of increasing competition between $USDT and $USDC . Tether is currently financially stable and plans to expand blockchain applications, transitioning towards a digital asset infrastructure provider.
CryptoCity10h ago
Tether announces the official discontinuation of support for the offshore RMB stablecoin CNHT, offering a one-year redemption window.
Tether announces the discontinuation of its offshore RMB-pegged stablecoin CNHT due to lack of market acceptance. This is part of its strategic adjustment to focus resources on products with higher endogenous adoption. Existing holders must complete redemptions by 2027.
GateNewsBot02-23 06:58
