Oobit Launches Global Crypto-to-Bank Transfers with Real-Time Fee Transparency

Oobit, a global payment application backed by Tether, has launched a new service allowing users to transfer cryptocurrency directly from their wallets to any bank account worldwide. According to NS3.AI, this service offers real-time fee transparency and facilitates instant settlements through local payment networks such as SEPA, ACH, and SPEI. Initially, the service supports USD, EUR, MXN, and PHP fiat currencies alongside a wide range of cryptocurrencies. Oobit plans to expand into additional markets as it continues to enhance its cross-border payment capabilities.