Oobit add Phantom support make Solana payments dey work for 80 million Visa merchants
Oobit don add native support for Phantom wallet, so Phantom Solana users fit spend SOL and supported Solana tokens plus stablecoins for over 80 million merchants wey accept Visa. With Oobit DePay Tap & Pay contactless solution, users fit pay straight from their non‑custodial Phantom wallets with one tap — no need to pre‑fund custodial accounts, use bridges, or move funds to exchanges. For checkout, Oobit go convert supported crypto to local fiat and settle with merchants over Visa’s network, dey keep funds under user control until approval. The service dey live for 80+ countries, including US, Brazil, Philippines, South Korea and Thailand, and e dey expand Oobit existing wallet compatibility (MetaMask, Trust Wallet, Coinbase Wallet). The rollout follow Oobit late‑2025 international expansion (including US launch via Bakkt partnership) and e supported by strategic investors wey get ties to Solana. For traders: this integration go boost real‑world utility and on‑ramp/off‑ramp flow for Solana assets, fit raise retail transaction volume for SOL and Solana stablecoins, and reduce friction between self‑custody holdings and fiat spending.
Bullish
Di integration dey directly boost Solana on‑chain utility and di ability to spend for real world, wey good for SOL demand. If Phantom users fit convert SOL and Solana‑based stablecoins to fiat for checkout, e go reduce friction for retail adoption and fit increase transaction volume and on‑chain transfers wey join merchant settlement. For short term, news say merchants dey accept am well and payment partnerships dey usually bring positive sentiment and speculative inflows into the native token (SOL) as traders dey expect higher demand and network activity. For medium to long term, steady increase for payments use fit support higher velocity and more consistent demand for SOL and Solana stablecoins, strengthen fundamentals if usage growth pass token issuance and network dilution. Risks wey fit cool the bullish view include quick sell pressure when users convert crypto to fiat to spend, regulatory headwinds for on‑ramp/off‑ramp services, and say most spending fit use stablecoins (so direct SOL utility go limited). Overall, better utility and wider access point to net bullish impact on SOL, but e depend on adoption and the balance between transactional selling and increased demand.