In a dazzling display of modernity, Oobit has unveiled a new infrastructure layer that promises to whisk your stablecoins from your humble self-custody wallet straight into the ever-demanding arms of your local bank account, all with a speed that would make even the swiftest of eagles jealous.
On February 23, 2026, Oobit proudly announced the birth of its Wallet-to-Bank feature, a magical device that crushes the cumbersome “banking wall” known to delay crypto-to-fiat conversions. Forget the slow and expensive bureaucratic mess of correspondent banking (the oh-so-sturdy SWIFT system). Oobit has decided to channel transactions through local, real-time payment rails-names you may recognize, such as SEPA (Europe), ACH (USA), SPEI (Mexico), PIX (Brazil), and INSTAPAY (Philippines). Yes, the future is now, and it moves fast.
This service runs on Oobit Depay technology, which allows your assets to remain in your own wallet (like Metamask, Trust Wallet, or Phantom) until the very moment you decide to authorize the transaction. At that point, you get to marvel at the real-time conversion rate, knowing exactly how much fiat will land in your account-before you make the final, and most heroic, click. A solution designed especially for freelancers, international businesses, and the global remittance market-because why not add some flair to the traditional banking grind?
“If crypto cannot reach a bank account in real time, it cannot function as everyday money,” muses Amram Adar, CEO of Oobit, with a wisdom that might just have the potential to alter the very fabric of money itself.
🧭 FAQs
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Which local payment networks are supported at launch? The system currently supports SEPA (EU), ACH (USA), SPEI (Mexico), PIX (Brazil), and INSTAPAY (Philippines). How cosmopolitan of them!
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Which fiat currencies can I receive? Payouts are initially available in USD, EUR, MXN, and PHP. Don’t fret-more currencies are coming soon. Patience is a virtue, after all.
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Is this a custodial service? Not at all! Oobit stays true to its non-custodial roots. You keep your crypto in your external wallet until it’s time to make the magic happen. No need for unnecessary exchanges or middlemen.
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What are the transfer limits and fees? Transfers are available from as low as $10 to $100, depending on your region, with a maximum limit of $50,000. The fee is a modest 1% (with a minimum of $1), plus a small, yet unavoidable, conversion spread. Because nothing in life is free-except the thrill of innovation.
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2026-02-26 13:57