Oobit now supports Phantom, bringing Solana assets into Visa’s global payments network Tether-backed mobile payments app Oobit has added native support for Phantom, the popular non-custodial wallet in the Solana ecosystem, enabling Phantom users to spend Solana-based tokens at Visa-accepting merchants worldwide. How it works - The integration uses Oobit’s DePay “Tap & Pay” contactless solution to let users pay with crypto at the point of sale. Transactions are initiated from the user’s Phantom wallet and settle without intermediaries at checkout. - Oobit automatically converts supported Solana assets — including native tokens and stablecoins — into local fiat at purchase. Merchants receive fiat settlements while users transact directly from their non-custodial wallets, preserving control of funds until the moment of the transaction. - The functionality opens payments at more than 80 million merchants that accept Visa, according to Oobit. Why it matters - Phantom is one of the most active wallets in crypto, particularly within Solana’s vibrant ecosystem, so the integration gives Oobit access to a large, engaged user base. - The move is part of a broader push to connect blockchain networks with traditional payment rails, making it easier for crypto holders to use digital assets in everyday retail settings. Context and rollout - Oobit already supports other major non-custodial wallets such as MetaMask, Trust Wallet, and Coinbase Wallet. - The Phantom rollout follows Oobit’s international expansion in late 2025, which included a U.S. launch via a partnership with Bakkt and an expansion into Brazil. This integration underscores ongoing efforts to bridge crypto wallets and legacy payments infrastructure, removing friction for consumers who want to spend digital assets at mainstream merchants. Read more AI-generated news on: undefined/news