Oobit don start stablecoin payments for Colombia, dey boost USDT demand for LatAm

Published: 2026-05-18 04:54:50 |

Crypto payment provider Oobit don launch for Colombia, na im na dia ninth market wey dem dey run, wit di aim to grow stablecoin payments use for Latin America. Chainalysis data wey article mention say Colombian peso na number two for Latin America for buying stablecoins. Oobit dey allow users spend from self-custody wallets through Visa-linked payment infrastructure wey over 150M merchants for 80+ countries dey accept. Di latest report still show say e get strong traction for Brazil, wey support Oobit stablecoin payments idea. Oobit report sey user activity grow pass 200% after dem launch. Active users dey spend about $400 per month for around 20 transactions, with USDT get di biggest share, den Oobit native token and USDC follow. For day-to-day merchant categories, groceries and supermarkets dey lead (35%), follow by restaurants (8.8%). Article also highlight say stablecoins dey drive di flow: for Brazil, stablecoins represent over 90% of crypto flows. Di bigger picture show say crypto activity for Latin America climb from about $20.8B (mid-2022) to $87.7B (late-2024), with stablecoin adoption push usage from speculation to mainstream financial rails. For traders, main takeaway na stablecoin payments momentum—especially USDT-linked retail spending for Colombia and Brazil—wey support demand story for stablecoins, no mean say immediate volatility for major coins go happen.

Bullish

Dis likely good for di stablecoin demand story weh dey behind USDT/USDC. Oobit launch for Colombia dey expand real-world stablecoin payment rails, and di article data (Colombian peso dey high for stablecoin purchases plus Brazil get 200%+ user activity growth and >90% stablecoin share of flows) show say crypto dey get monetized through everyday retail merchant spending. Short-term, dis fit support stablecoin-related inflows and keep bids under USDT as traders price in continued merchant-acceptance growth. Long-term, sustained stablecoin payments adoption fit improve di “utility” story and reduce reliance on purely speculative flows, weh fit dull downside moves during risk-off times. But, because di news no show any sudden macro shock or any direct protocol-level change to USDT/USDC, di likely effect na incremental no be one high-volatility event.