Oobit, a mobile payments application backed by Tether, has announced native support for Phantom, a leading wallet within the Solana ecosystem. This integration allows Solana-based assets to be spent at over 80 million Visa-accepting merchants globally.
The integration connects Solana-based assets to Visa’s extensive global payment infrastructure, thereby enabling cryptocurrency transactions at retail locations. This update empowers Phantom users to spend their digital assets at more than 80 million merchants worldwide that accept Visa payments.
Seamless Contactless Payments with DePay Solution
The integration leverages Oobit’s DePay solution, which facilitates one-tap "Tap & Pay" transactions utilizing contactless payment technology. According to the announcement, transactions are settled directly from the user's wallet without the need for intermediaries at the point of purchase.
Users maintain full control over their funds within their non-custodial Phantom wallet until a transaction is executed. There is no requirement to transfer balances to a centralized exchange or custodial account. At the checkout stage, Oobit automatically converts supported Solana assets, including native tokens and stablecoins, into the local fiat currency. Merchants receive their payments in fiat currency, while users transact using their cryptocurrency balances.
Expanding Reach and Ecosystem Integration
Oobit's platform already offers support for several major non-custodial wallets, including MetaMask, Trust Wallet, and Coinbase Wallet. The addition of Phantom support provides access to one of the most active user bases in the cryptocurrency sector, particularly within the thriving Solana ecosystem.
This Phantom rollout follows Oobit’s broader international expansion efforts, which began in late 2025. The company recently launched its services in the United States through a strategic partnership with Bakkt and also expanded its operations in Brazil, as indicated in previous announcements.
Bridging Blockchain and Traditional Payments
This integration signifies a significant step in efforts to connect blockchain networks with established payment infrastructure for everyday retail transactions. It aims to simplify the process for users to spend their digital assets in the real world, making cryptocurrency more accessible for daily commerce.