Woofun AI reports that Tether-backed Oobit has integrated USDT with Brazil’s PIX payment system, facilitating direct transfers between self-custody wallets and local bank accounts. The service, launched in February 2026, connects users to a network serving nearly 170 million people, allowing deposits of BRL for USDT and payments via PIX keys or QR codes.

Monitored by Woofun AI, platform activity increased by 202% following Oobit’s entry into Brazil in October 2025. During testing, stablecoins accounted for 92% of transactions, with USDT representing 86% of that volume. Users spend an average of $400 monthly, with groceries comprising 35% of transactions. The company, which raised $25 million in Series A funding led by Solana co-founder Anatoly Yakovenko, also supports tap-to-pay at over 150 million merchants globally.