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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Privacy Wallet Infrastructure platform Privy supports wallet swap transactions
Gate News message, April 7, privacy wallet infrastructure platform Privy posted on X that it has added support for wallet swap transactions, a feature enabled by technical support from the Uniswap API.
GateNews5h ago
Velora (formerly Paraswap) has published a new governance proposal to shut down the DAO treasury and terminate the staking program
Velora (formerly Paraswap) has released a new governance proposal. The main adjustments include refocusing on structural decisions regarding the VLR token, terminating the staking plan, closing the DAO treasury and paying for infrastructure services, and stopping fee routing. Going forward, governance will focus on decisions related to the VLR token, and protocol operations will be supported by the development team.
GateNews6h ago
The new Ethereum standard ERC-8211 proposal is released, supporting AI agents to execute complex DeFi transactions
Biconomy’s new Ethereum standard ERC-8211 introduces a “smart batching” mechanism, allowing AI agents to dynamically execute multiple-step DeFi operations within a single transaction, effectively addressing issues with price volatility and changes in transaction fees, in line with the Ethereum Foundation’s strategy to improve the user experience.
GateNews6h ago
The public blockchain Rayls mainnet will go live on April 30
Gate News message, April 7, public chain project Rayls announced that its mainnet will go live on April 30 at 23:00. At the same time, Rayls staking plans and its native stablecoin USDr will also be launched. USDr is Rayls’ native, U.S. dollar–backed stablecoin, used to pay network transaction fees.
GateNews7h ago
SharpLink Ethereum staking cumulative rewards reach 16,947 ETH
Gate News message: On April 7, Ethereum Treasury company SharpLink posted on the X platform that since launching its ETH treasury strategy, the company’s cumulative Ethereum staking reward revenue has reached 16,947 ETH. In addition, the Ethereum staking rewards SharpLink received last week were 511 ETH.
GateNews7h ago
Tether CEO: The team is developing a decentralized search engine, hypersearch.
Gate News message. April 7, Tether CEO Paolo Ardoino said the team is developing a decentralized search engine called hypersearch. The product is built on a distributed hash table (DHT, a decentralized data storage technology) architecture.
GateNews7h ago
