๐จ๐ง BREAKING: Oobit turns on ATM cash withdrawals worldwide
The Tether-backed payments platform @oobit now lets users pull physical cash by tapping their phone on an NFC ATM - no plastic card, no bank account.
Funds come straight from the Oobit balance, with the card PIN unlocked by biometrics in the app.
Limits: $250 per transaction, up to 3 withdrawals per card per day.
Context: @oobit already covers 150M Visa merchants across 80+ countries. ATMs close the last gap - the exit into physical cash. In Oobit's core markets (LATAM, Africa, Southeast Asia) the ATM is still the main cash rail, and a bank account is far from universal.
Platform activity over the past six months: +260%
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