Tether-backed crypto payment app Oobit has integrated USDT into Brazil's Pix payment network, reaching nearly 170 million Pix users. Oobit previously launched a real-time wallet-to-bank transfer feature, allowing users to settle stablecoins from self-custody wallets to bank accounts via local payment networks. Supported payment rails include Brazil's Pix, Europe's SEPA, the US's ACH, Mexico's SPEI, and the Philippines' Instapay. Oobit claims this model enables users to utilize stablecoins for local bank transfers and everyday payment scenarios without relying on traditional banks. (The Block) https://(wublock123.com)/news/oobit-expands-usdt-payments-to-brazil-pix-170m-users-63344