{"id":72663,"date":"2026-05-17T23:08:41","date_gmt":"2026-05-17T23:08:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-payments-app-oobit-expands-to-colombia-after-explosive-200-growth-in-brazil\/"},"modified":"2026-05-17T23:08:41","modified_gmt":"2026-05-17T23:08:41","slug":"crypto-payments-app-oobit-expands-to-colombia-after-explosive-200-growth-in-brazil","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-payments-app-oobit-expands-to-colombia-after-explosive-200-growth-in-brazil\/","title":{"rendered":"Crypto Payments App Oobit Expands to Colombia After Explosive 200% Growth in Brazil"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Backed by a $25M Tether round, Oobit launched its crypto payment card in Colombia, its 9th market.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">In Brazil\u2019s massive crypto economy, Oobit users average 20 transactions per month, mostly using USDT.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Following large growth in the region, Oobit CEO Amram Adar seeks to expand digital asset utility in Latam.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Oobit Launches Officially in Colombia<\/h2>\n<p>While <span>crypto<\/span> is mainly viewed as a vehicle for speculation in some markets, users in Latam are increasingly leveraging <span>crypto<\/span> for everyday payments.<\/p>\n<p>Oobit, a non-custodial <span>cryptocurrency<\/span> payments company that allows users to <span>leverage<\/span> their <span>crypto<\/span> funds through a credit card, has <a href=\"https:\/\/www.oobit.com\/news\/oobit-launches-in-colombia-as-latin-americas-44b-crypto-market-surges\" target=\"_blank\" rel=\"noopener noreferrer\">announced<\/a> its official launch in Colombia, one of the largest markets for <span>stablecoins<\/span> in Latam. Colombia becomes the ninth live market for Oobit, after Argentina, Brazil, and Chile in Latam.<\/p>\n<p><\/p>\n<p>The move seeks to position Oobit as a relevant player in Colombia, with the Colombian peso being ranked second amidst <span>centralized exchange<\/span> <span>stablecoin<\/span> purchases by currency, indicating demand for <span>crypto<\/span> payment methods.<\/p>\n<p>Oobit reported a large rise in the $44 billion Latam <span>crypto<\/span> economy, with Brazil leading the charge with 200% growth since the company launched. Brazilian active users are spending $400, averaging 20 transactions per month.<\/p>\n<p>These purchases are focused on everyday payments, with 35% directed to grocery stores and supermarkets, 8.8% to restaurants, and 7.2% to miscellaneous food stores. In Brazil, these uses expand to beauty &amp; barber shops and service stations, indicating a broader adoption. <span>USDT<\/span> is the most used currency for payments, with the platform\u2019s own token at a distant second.<\/p>\n<p>Highlighting how Latam has shifted to using <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> like cash, Oobit\u2019s co-founder &amp; CEO, Amram Adar, stressed the region <strong>\u201cis becoming a global leader in the real-world utility of digital assets.\u201d \u201cWe are seeing a regional shift where <span>crypto<\/span> is no longer just an investment, but a primary way to pay for groceries and healthcare, and we are proud to lead the change across LATAM,\u201d <\/strong>he concluded.<\/p>\n<p>Oobit\u2019s expansion comes after it raised $25 million in its Series A funding round led by <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> company Tether in February. At the time, Tether CEO Paolo Ardoino <a href=\"https:\/\/news.bitcoin.com\/stablecoin-issuer-tether-leads-25-million-funding-round-for-mobile-payment-startup-oobit\/\">declared<\/a> that Oobit and Tether shared a <strong>\u201cmutual vision to drive the widespread adoption of <span>cryptocurrencies<\/span> on a global scale.\u201d<\/strong><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-payments-app-oobit-expands-to-colombia-after-explosive-200-growth-in-brazil\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Backed by a $25M Tether round, Oobit launched its crypto payment card in Colombia, its 9th market. In Brazil\u2019s massive crypto economy, Oobit users average 20 transactions per month, mostly using USDT. Following large growth in the region, Oobit CEO Amram Adar seeks to expand digital [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":72664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72663"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72663"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72664"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}