Announced on February 23, 2026, Oobit unveiled its new Wallet-to-Bank feature designed to eliminate the traditional delays associated with converting crypto into fiat. The solution removes reliance on legacy correspondent banking systems such as SWIFT by routing transactions through local real-time payment networks, including SEPA in Europe and ACH in the United States.
Powered by Oobit’s Depay technology, the service allows users to keep their assets in personal wallets such as MetaMask, Trust Wallet, or Phantom until the moment a transaction is authorized. Before confirming, users are able to see the real-time conversion rate and the exact amount of fiat currency that will arrive in the destination bank account.
The feature is designed to streamline cross-border financial flows, particularly for freelancers, international businesses, and remittance users who rely on fast and predictable transfers. According to CEO Amram Adar, enabling real-time movement of crypto into bank accounts is essential if digital assets are to function as practical everyday money.
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