{"id":74568,"date":"2026-06-26T05:09:41","date_gmt":"2026-06-26T05:09:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/how-the-tether-backed-app-is-bringing-usdt-to-170-million-brazilians\/"},"modified":"2026-06-26T05:09:41","modified_gmt":"2026-06-26T05:09:41","slug":"how-the-tether-backed-app-is-bringing-usdt-to-170-million-brazilians","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/how-the-tether-backed-app-is-bringing-usdt-to-170-million-brazilians\/","title":{"rendered":"How the Tether-Backed App is Bringing USDT to 170 Million Brazilians"},"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\">Oobit integrated Pix on Tuesday, next opening crypto payment markets to 170M Brazilian users.<\/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\">Tether led a $25M round for Oobit, next pushing USDT to capture 93% of Brazil\u2019s payment 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\">Oobit usage grew 200% as users spend $400 monthly, expanding USDT adoption across Latam.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Oobit Expands USDT Rails to Brazil\u2019s Pix Network, targets 170 Million Potential Users<\/h2>\n<p>Oobit, a payments app backed by Tether, has reached a milestone in Brazil that could potentially expand its reach to millions.<\/p>\n<p>On Tuesday, the company announced it was implementing native Pix integration, allowing Brazilian users to <span>leverage<\/span> Oobit\u2019s payments whenever Pix is active. According to a social media <a href=\"https:\/\/x.com\/oobit\/status\/2069412624534499724?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">post<\/a>, Brazilian users can now deposit Brazilian reais with Pix and receive <a href=\"https:\/\/buy.bitcoin.com\/?utm_source=News\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">USDT<\/a> seamlessly on Oobit\u2019s mobile app, enabling them to complete payments in seconds with these funds and <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-leverage-in-crypto-trading\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">leverage<\/a> <a href=\"https:\/\/buy.bitcoin.com\/?utm_source=News\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">USDT<\/a> as a savings instrument.<\/p>\n<p><\/p>\n<p>Pix is the most popular payment system in Brazil, created by the central bank, with a 170 million user base, an estimate of 93% of all adults in Brazil.<\/p>\n<p>Oobit advisor Alex Obchakevich highlighted the relevance of this integration and stressed that the payment process was similar to any other banking app, which could fuel adoption for <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> natives seeking to use their funds for everyday spending.<\/p>\n<p><strong>\u201cThe blockchain runs in the background, while the experience is identical to the Pix flow Brazilians already know from every banking app. No new interfaces, no conversion delays,\u201d<\/strong> he <a href=\"https:\/\/x.com\/obchakevich_\/status\/2069411045643374690?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">declared<\/a>.<\/p>\n<p>The move comes as Oobit has pushed to expand into Latam after a $25 million funding round led by Tether, with participation of <strong>Solana\u2019s Anatoly Yakovenko.<\/strong> At the time, Tether CEO Paolo Ardoino stated that the company stood as a catalyst <strong>\u201cbreaking down barriers and facilitating frictionless transactions for crypto holders worldwide.\u201d<\/strong><\/p>\n<p>Brazil has grown into a key market for Oobit. In May, when it formally <a href=\"https:\/\/news.bitcoin.com\/crypto-payments-app-oobit-expands-to-colombia-after-explosive-200-growth-in-brazil\/\">launched<\/a> its services in Colombia, Oobit revealed that its activity had grown over 200% since it started operating in Brazil, with active users spending over $400 and averaging 20 transactions each month by taking advantage of the credit card integration the app also offers.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/oobit-integrates-pix-how-the-tether-backed-app-is-bringing-usdt-to-170-million-brazilians\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Oobit integrated Pix on Tuesday, next opening crypto payment markets to 170M Brazilian users. Tether led a $25M round for Oobit, next pushing USDT to capture 93% of Brazil\u2019s payment market. Oobit usage grew 200% as users spend $400 monthly, expanding USDT adoption across Latam. Oobit [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":74569,"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\/74568"}],"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=74568"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74569"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}