Tether: Oobit Adds USDT to Brazil PIX Network
Tether-backed Oobit integrates USDT with Brazil’s PIX, reaching 170 million users and accelerating stablecoin adoption across Latin America.
SourceAnalysis
Tether expanded reach as Oobit connected USDT to Brazil’s PIX payment network, giving nearly 170 million users direct access to the stablecoin. The move builds on Tether’s growing footprint in emerging markets and positions USDT as a practical on-ramp for cross-border transfers inside the country’s dominant instant-payment system.
Paolo Ardoino
@paoloardoinoPaolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,