Key Takeaways
- Backed by a $25M Tether round, Oobit launched its crypto payment card in Colombia, its 9th market.
- In Brazil’s massive crypto economy, Oobit users average 20 transactions per month, mostly using USDT.
- Following large growth in the region, Oobit CEO Amram Adar seeks to expand digital asset utility in Latam.
Oobit Launches Officially in Colombia
While crypto is mainly viewed as a vehicle for speculation in some markets, users in Latam are increasingly leveraging crypto for everyday payments.
Oobit, a non-custodial cryptocurrency payments company that allows users to leverage their crypto funds through a credit card, has announced its official launch in Colombia, one of the largest markets for stablecoins in Latam. Colombia…







