Oobit, a cryptocurrency payment application backed by Tether, has announced the expansion of its wallet transfer capabilities to "any bank account globally." This significant development is made possible through a partnership with routing infrastructure provider DTR.

Users initiating crypto asset transfers via Oobit will now benefit from real-time visibility of the exact amount of crypto leaving their wallet and the precise amount arriving in the recipient's bank account. The company emphasizes a fee-free experience with no hidden exchange rates or unexpected charges. Transactions are settled within seconds through local payment channels.

The initial rollout of this feature supports SEPA in Europe, ACH in the United States, and SPEI in Mexico. Fiat currency support includes USD, EUR, Mexican Peso, and Philippine Peso. On the cryptocurrency side, Oobit supports a comprehensive list of assets, including BTC, ETH, USDT, XRP, BCH, LTC, DOGE, TRX, USDC, ADA, BNB, and SOL, with plans to progressively onboard more markets.

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