Tether-backed Oobit adds crypto-to-bank transfers for local payment networks

The Tether-backed crypto payments app is expanding beyond retail spending with wallet-based off-ramps into domestic banking rails.

The Tether-backed crypto payments app is expanding beyond retail spending with wallet-based off-ramps into domestic banking rails.

The UK-listed Bitcoin treasury company says the facility will bridge equity settlements, enabling faster Bitcoin purchases during volatile markets.

Curve founder Michael Egorov told Cointelegraph that protocols cannot βlive without real revenues flowingβ as token incentives lose power to attract liquidity.

Strategy bought 592 Bitcoin for $39.8 million in its 100th purchase, increasing holdings to 717,722 BTC.

The Bank of Korea proposed a bank-led consortium and a statutory interagency body for issuer approvals, citing the US GENIUS Act as a model, according to local media.