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December 15, 2025
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2
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SINGAPORE, December 15, 2025 – Oobit, a Tether backed mobile crypto payments app, today announced a full integration with Plasma, enabling users to spend USD₮ held on Plasma at more than 100 million Visa merchants worldwide.
As stablecoins move toward mainstream adoption as a global settlement option, everyday usability has become the defining challenge. By building on Plasma’s high volume stablecoin infrastructure, Oobit enables simple, reliable, low fee payments that bring USD₮ into daily use.
As stablecoins move towards becoming a mainstream global settlement option, Oobit has established itself as a leading corridor for users to utilise them in their daily lives. By building on Plasma’s high-volume stablecoin infrastructure, it can fully realise this ambition, delivering a simple, everyday payment experience built for speed, reliability, negligible fees, and deep USD₮ liquidity.
DePay, Oobit's decentralised payment layer, allows users to pay directly from self-custody wallets, including Phantom, MetaMask, Trust Wallet, and Binance Wallet, offering holders the ability to pay with USD₮ with these key features:
By working with Plasma, Oobit’s payment technology will let users pay for everyday purchases directly from their own wallets, settling transactions on-chain via Plasma's high-throughput, low-fee architecture, while merchants receive fiat instantly.
Stablecoins are the new money. Partnering with Plasma lets users spend them anywhere in the world with negligible fees. The standard just levelled up." said Amram Adar, Co-Founder and CEO of Oobit.
Paul Faecks, Founder & CEO of Plasma, added: “To drive global adoption of stablecoins, users must be able to rely on them in their everyday lives. That’s the core of Plasma’s mission, and our partnership with Oobit brings us one step closer to delivering global, frictionless access to financial services powered by stablecoins.”
This announcement comes at a pivotal moment in Oobit’s strategic growth as it expands into the U.S. market, enabled by a nationwide partnership with Bakkt that provides access to licensing and compliance coverage across all 50 states. Its partnership with Plasma is the next step in Oobit’s mission to bring stablecoins into everyday use.
About Oobit
Oobit is a mobile payment app that lets people pay with crypto in-store, online, or on the go anywhere Visa is accepted. Users spend stablecoins or crypto directly from their wallets. Merchants receive fiat instantly. Oobit removes the complexity of blockchain payments and bridges self-custody wallets to real-world spending.
About Plasma
Plasma builds vertically integrated stablecoin infrastructure for the new global financial system. Its stablecoin native Layer 1 blockchain, payment infrastructure, and applications connect permissionless, programmable digital dollars to real world payments. Through products such as Plasma One, a consumer facing neobank Plasma makes USD₮ useful for everyday saving, spending, and business operations.
Open your treasury, hold dollars, and start paying the world.
Abre tu tesorería, guarda dólares y empieza a pagarle al mundo.
Abra seu tesouro, guarde dólares e comece a pagar o mundo.
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Oobit provides technology that enables users to spend digital assets through existing payment networks. Services are subject to regional availability and regulatory requirements. Oobit operates through multiple entities globally. Certain features may be provided by licensed partners depending on your location.
US Cryptocurrency services are provided in partnership with Bakkt Financial Solutions I, LLC. Bakkt is registered with FinCEN as a Money Services Business (MSB) and holds state money transmitter licenses.