Getting crypto into your bank account has always felt like one too many steps. You sell on an exchange, wait for the withdrawal, pay a fee somewhere in the middle, and hope nothing breaks. Oobit just cut out most of that process for TRX holders.
The Tether-backed payments app announced on March 1, 2026 that users can now send TRX directly from self-custodial wallets to bank accounts via SEPA in Europe, ACH in the United States, and Faster Payments in the United Kingdom. Transfers settle in seconds, with no swaps required and no third-party intermediaries involved.
What Oobit actually built here
The feature connects crypto wallets directly to traditional banking rails, three of them specifically, covering the major fiat corridors in Europe, the US, and the UK.
SEPA handles euro-denominated transfers across most of Europe. ACH is the backbone of US dollar bank payments. Faster Payments is the UK’s near-instant pound sterling network.
