Key Highlights
- Oobit has integrated Brazil’s PIX system, letting users pay with USDT and Brazilian real in one seamless payment flow.
- Users can deposit BRL, receive USDT instantly, and spend through PIX using QR codes or PIX keys without changing how they already pay.
- The platform is seeing strong growth, with activity up 202% since launch.
Oobit, a crypto payment app backed by Tether, has integrated Brazil’s PIX network, allowing users in Brazil to use USDT alongside the Brazilian real (BRL) for everyday payments.
In an X post on Tuesday, the firm stated, “Brazil built the world’s fastest payment system. Stablecoins built the world’s best money. Today, they connect. PIX is now fully integrated into Oobit.”
The feature connects Oobit’s tap-to-pay app with PIX, a system used by nearly 170 million people across Brazil.
How the integration works
With this, users can deposit Brazilian reais into the Oobit app and instantly receive USDT, a stablecoin linked to the US dollar. From there, they can pay through PIX, send money to others in seconds, and even switch back and forth between reais and stablecoins whenever they want.
Payments can also be made by scanning QR codes or using PIX keys, which are simple payment details used in Brazil. The system is designed so that users do not need to change how they already pay in Brazil.
The blockchain runs in the background while the payment process looks the same as a normal PIX transfer used in banking apps.
“Deposit BRL and receive USDT,” “pay with PIX,” and “send money locally in seconds,” the company wrote.
PIX already powers daily payments in Brazil
PIX itself is one of the most widely used payment systems in the world. It was created by Brazil’s Central Bank (Banco Central do Brasil) in 2020 and has quickly become a core part of daily financial life in the country.
It allows instant transfers and payments at any time of day, making it a standard method for both individuals and businesses. By linking into PIX, Oobit is plugging into an already established payment structure rather than building a new one.
“Backed by Tether. Brazil isn’t a test – it’s the proof that crypto payments work at scale, inside infrastructure people already trust,” advisor Alex Obchakevich said in a post.
He noted that crypto is now operating inside infrastructure that people already trust and use every day, with no need for new interfaces or complicated steps. The system is designed to make stablecoin payments feel like regular bank transfers.
Obchakevic also shared that around 26 million Brazilians hold crypto, but only about 26% of them have ever used it for payments. This shows a clear gap. People may own digital assets, but using them in real life is still difficult. Oobit is trying to fix this by making crypto spending feel as easy as regular payments through PIX.
Usage growth and expansion efforts
Oobit’s activity has reportedly increased by 202% since its launch in October 2025. Users are spending an average of about $400 per month on the platform, with grocery purchases making up around 35% of total transactions. This shows that usage is already moving into daily retail spending rather than just holding or trading digital assets.
The company is supported by Tether and raised $25 million in a Series A funding round in 2024, led by Tether and Solana co-founder Anatoly Yakovenko. This funding has helped Oobit expand its payment system and connect crypto with real-world financial networks.
Broader context
PIX remains one of the largest instant payment systems in the world, and now, with Oobit joining it, stablecoins like USDT are stepping closer to everyday use.
Moreover, other companies are also exploring similar ideas. For example, Circle, which issues USDC, has worked with fintech partners like Nubank to bring dollar-based digital money into Latin America.
Also Read: Chainalysis: 80% of Brazil’s Illicit Crypto Flows Through Just 5 Addresses
