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CoinVoice has learned that, according to The Block, Tether-supported mobile wallet Oobit announced native integration with the Solana ecosystem wallet Phantom. Users can make stablecoin payments at Visa-supported merchants worldwide through Oobit's DePay system with one click.
Funds are deducted in real-time from the wallet and automatically converted into fiat currency, with no pre-transfer or intermediary required. Solana co-founder Anatoly Yakovenko was involved in Oobit's $25 million Series A funding.