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Home Β» Cryptocurrency

Oobit Brings Solana Wallet Phantom to Global Visa Network

Published on: January 14, 2026
Kathleen Kinder
Written By
Kathleen Kinder
Kathleen Kinder
Senior Editor • 1,682 Articles
Kathleen Kinder brings over 11 years of experience in the research industry, with deep expertise in finance, cryptocurrency, and insurance. ... See full bio
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Oobit’s latest integration brings Phantom wallet users one step closer to real-world crypto adoption, enabling direct payments via Visa at millions of merchants globally.

Key Takeaways

  • Oobit now supports Phantom wallet, enabling over 15 million users to make real-time crypto payments anywhere Visa is accepted.
  • DePay, Oobit’s decentralized payment layer, facilitates instant conversions from stablecoins to fiat without intermediaries.
  • The integration supports Solana-based transactions, boosting the utility of Solana in daily life.
  • The move expands Oobit’s global footprint, including markets like the US, Brazil, South Korea, the Philippines, and Thailand.

What Happened?

Oobit, the Tether-backed mobile wallet app, has officially added native support for the Phantom wallet. This move allows users to spend cryptocurrencies directly from Phantom at any merchant that accepts Visa. The integration is powered by DePay, Oobit’s decentralized payments layer, which seamlessly converts crypto into fiat in real time at the point of sale.

Wherever Visa works, @phantom wallet now works too.

+15M Phantom users πŸ‘»
Plug Phantom into Oobit and pay straight from your wallet.

Now live across +80 countries including the US, Brazil, Philippines, Korea & many more 🌎

πŸ”— https://t.co/ELNjbxfsGV pic.twitter.com/lOIVba5Q5p

β€” Oobit (@oobit) January 14, 2026

Phantom and Oobit Bridge the Crypto Payment Gap

Phantom, one of the largest self-custody wallets with over 15 million global users, has long served as a major gateway to the Solana blockchain. However, real-world spending options remained limited for many users. With the new Oobit integration, that barrier is now dissolving.

Oobit’s DePay system allows users to tap and pay with stablecoins in stores and online, just like Apple Pay or Google Pay. What makes it stand out is its simplicity:

  • No pre-transfers
  • No crypto bridges
  • No third-party intermediaries

Funds remain in the user’s control until the moment a transaction is approved. Once authorized, the system automatically converts crypto to fiat, depositing the amount into the merchant’s account instantly.

The integration covers several blockchain networks, including Solana, Ethereum (ERC-20), Binance Smart Chain (BSC), TRON (TRC-20), and Polygon.

Expanding Global Reach and Ecosystem Growth

DePay has been live in key regions such as Brazil, South Korea, the Philippines, Thailand, and the United States. These markets are not only among Phantom’s largest user bases but are also hotspots for stablecoin adoption in day-to-day transactions.

Oobit’s rapid growth also includes a recent partnership with Bakkt to expand its services across all 50 US states. In Africa and Latin America, its presence is also expanding to meet rising demand for alternative financial tools.

Solana’s ecosystem benefits directly from this rollout. The Phantom integration further promotes Solana’s real-world utility, aligning with the network’s mission to support fast, low-cost payments.

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Strong Backing from Crypto Heavyweights

This expansion comes after Oobit raised $25 million in a Series A funding round, co-led by Solana co-founder Anatoly Yakovenko, Tether, CMCC Global, and 468 Capital. In late 2025, Oobit migrated its native OOB token from Ethereum to Solana, deepening its alignment with the ecosystem.

In November, VCI Global committed $100 million toward OOB tokens and agreed to manage Oobit’s digital treasury. That deal, if finalized, would make Tether a major stakeholder in VCI.

CoinLaw’s Takeaway

I see this as one of the most significant steps yet in bringing crypto out of the digital bubble and into real-world use. In my experience, crypto wallets have always struggled with accessibility at the checkout counter. This new integration changes that. If you’re holding stablecoins in Phantom, you now have a direct way to spend them like cash without jumping through hoops. I find it especially interesting how Solana’s infrastructure continues to expand into practical applications, not just trading or DeFi. This is exactly the kind of development the crypto space needs for mass adoption.

Definition of DeFi. Link to full glossary entry follows the description.DeFi

Decentralized finance leverages blockchain protocols and smart contracts to enable lending, trading, and borrowing without banks or traditional intermediaries.

Read more

Definition of TRC-20. Link to full glossary entry follows the description.TRC-20

TRC-20 is the TRON blockchain's smart-contract token standard for fungible tokens. It is fully compatible with Ethereum's ERC-20 at the interface level and powers most on-chain USDT circulation.

Read more

Definition of ERC-20. Link to full glossary entry follows the description.ERC-20

An Ethereum technical standard defining a common interface for fungible tokens, specifying six core methods and two events so wallets, exchanges, and contracts can interact with any token uniformly.

Read more

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Kathleen Kinder

Kathleen Kinder

Senior Editor


Kathleen Kinder brings over 11 years of experience in the research industry, with deep expertise in finance, cryptocurrency, and insurance. At CoinLaw, she writes timely, reader-focused news articles and also serves as a senior editorial reviewer. Drawing on her background in B2B research, consumer insights, and executive interviews, she ensures every piece delivers clarity, accuracy, and real-world relevance.

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Table of Contents

  • Key Takeaways
  • What Happened?
  • Phantom and Oobit Bridge the Crypto Payment Gap
  • Expanding Global Reach and Ecosystem Growth
  • Strong Backing from Crypto Heavyweights
  • CoinLaw’s Takeaway
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