Oobit Taps Brazil’s Pix Network with USDT Payments

Oobit, backed by Tether, has integrated Brazil's Pix payment network, allowing users to move between reais and USDT. The app enables Brazilian users to deposit reais into Oobit, hold funds in Tether's dollar-pegged stablecoin, and spend through Pix.

The feature connects Oobit to one of the world's largest instant payment systems, Pix, which has nearly 170 million users and processed BRL 11 trillion in transactions in 2024.

Stablecoin spending follows a familiar payment flow, with users able to send funds to a Pix key, scan a QR code, or top up through the app while blockchain settlement runs in the background.