Oobit, a Tether-backed payments app, has integrated Brazil's Pix instant payment system, allowing users to deposit Brazilian reais, hold USDT stablecoins, and make payments through Pix. This integration connects stablecoin balances to a widely used payment network with nearly 170 million users, enhancing local usability without changing existing payment habits. The move comes amid Brazil tightening crypto payment regulations while stablecoin demand grows, positioning Oobit as a key player in Brazil's expanding digital dollar market. Oobit previously raised $25 million in funding led by Tether, aiming to increase crypto adoption through familiar payment infrastructure.
On June 23, 2026, TRON recorded 3.93 million active addresses in a single day, surpassing major blockchains like Ethereum, BNB Chain, and Solana. This spike is driven mainly by TRON's dominance in low-cost stablecoin transfers, especially USDT, appea...
In Q1 2026, Ethereum saw a surge in monthly users to 13.2 million, up 86% year-over-year, while transaction fees dropped nearly 48%. Tokenized assets on Ethereum reached $203.4 billion, driven by stablecoins and institutional products from firms like...
Oobit, a crypto payments app backed by Tether, has integrated Brazil's PIX instant payment system to allow users to send USDT and other stablecoins directly from self-custody wallets to Brazilian bank accounts with instant settlement in Brazilian Rea...
USDC experienced a significant net outflow of $336 million as investors rotated stablecoin liquidity into USDG and Tron (TRX), indicating a shift within the stablecoin market rather than a broad crypto sell-off. Bitcoin and Ethereum flows remained ba...
Binance recorded a net inflow of approximately $170 million in USDT stablecoins over a 24-hour period, indicating a significant rise in stablecoin deposits to the exchange. This inflow suggests increased deployable capital on Binance, potentially for...
