Oobit

Oobit is the crypto version of Apple Pay. You tap your phone, the app converts your USDT, BTC or ETH into local currency in real time, and the merchant gets paid instantly, no preloading, no manual sell orders, no waiting. Backed by Tether (the company behind the world's most used stablecoin), it runs on Visa rails at 150M+ merchants across 150+ countries.

The DePay layer goes one step further: instead of depositing into Oobit, you connect your own MetaMask or Trust Wallet and spend directly from it. Funds stay self-custodied until the nanosecond of payment. For users who want crypto-native payments without giving up wallet control, this is the closest existing solution.

1. Download the Oobit app (iOS or Android) and complete KYC onboarding.

2. Fund your Oobit wallet by depositing USDT, BTC, ETH or other supported assets, OR connect an external wallet (MetaMask, Trust Wallet, etc.) via DePay to spend without preloading.

3. Activate your virtual Visa card, no physical card is available.

4. Pay in-store via Tap & Pay (NFC) or online anywhere Visa is accepted, crypto converts to local fiat at checkout at a 1% fee.

5. Earn 2% cashback automatically on eligible transactions (paid in USDT), or up to 10% by holding OOB tokens.

Use Oobit when you:

• Hold stablecoins (USDT, USDC) and want to spend them for daily purchases without converting first

• Want the highest cashback rate in the market without locking up capital in a native token

• Use an external wallet (MetaMask, Trust Wallet) and want to spend from it directly via DePay

• Need a global card in 150+ countries with no annual fee or mandatory staking

Not ideal if you:

• Need a physical card, Oobit is virtual-only

• Need IBAN or SEPA banking features, Oobit is a payment app, not a neobank

• Want the full 10% cashback without engaging with OOB token, the base rate is 2%