Oobit integrates MetaMask and other DeFi wallets for instant crypto payments

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Oobit, supported by Tether, has announced a significant update that allows users to connect external wallets such as MetaMask, Trust Wallet, and Phantom directly to the app.

This integration simplifies crypto payments, eliminating the need for manual transfers and reducing the risk of errors.

 

Summary

News in crypto payments thanks to Oobit: how does the integration of the MetaMask wallet work?

With this new feature, users can make immediate payments using the funds in their decentralized wallets. Until now, to pay with Oobit, it was necessary to manually transfer cryptocurrencies to the app before being able to use them.

Now, thanks to the direct connection with MetaMask, Trust Wallet, and Phantom, payments occur in real time, without additional steps.

This innovation not only improves the user experience, but also makes Oobit more accessible to those who already use DeFi wallets for managing their digital assets.

The integration with external wallets offers several benefits:

  • – Instant payments: transactions occur without having to manually move funds.
  • – Reduction of errors: by eliminating manual transfers, the risk of sending cryptocurrencies to incorrect addresses is lowered.
  • – Facilitated access: users can manage their assets directly from their preferred wallet, without having to resort to intermediaries.

This solution is particularly useful for those who make frequent payments in cryptocurrencies, making the use of Oobit more fluid and immediate.

The expansion of the Oobit ecosystem

With this innovation, Oobit strengthens its position in the digital payments sector, expanding the integrations with decentralized networks.

The support for MetaMask, Trust Wallet, and Phantom wallets allows a broader user base to access the app’s services without having to rely on custodial solutions.

The objective of Oobit is to create an open infrastructure, capable of connecting with the main DeFi solutions and offering a simple and secure payment experience.

The addition of support for external wallets demonstrates how the payment sector in criptovalute is evolving towards more decentralized and interoperable models.

Users no longer need to move their funds between multiple platforms, but can pay directly from their wallet, maintaining total control over their digital assets.

This integration represents a concrete step towards a broader adoption of cryptocurrencies in daily payments, reducing the technical barriers that often limit the use of these tools.

The latest update of Oobit, supported by Tether, introduces a solution that simplifies the use of cryptocurrencies for payments.

By directly connecting MetaMask, Trust Wallet, and Phantom, users can perform transactions seamlessly, enhancing the efficiency and security of the payment experience.

This evolution reflects the growing demand for more accessible and integrated tools in the bull and bear cryptocurrency landscape.

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In technical terms, publishing it on the Ethereum blockchain means making all the nodes in the network receive and execute it. Once published, all instructions in it will always be executed by all nodes in exactly the same way.

Therefore, not only its publication but also the execution of instructions is irreversible once it is published on the blockchain.

Therefore, what really matters are the instructions it contains – which can be the most diverse – and how many people use it. Indeed, in order for the instructions of a smart contract to actually be executed, there must be one or more transactions that invoke them.

It is also worth remembering that these instructions generally involve the use of resources, such as data or tokens, so for them to actually be executed, all the conditions set as necessary must be met. 

Sometimes this data comes from outside, thanks to so-called oracles, while sometimes it simply comes from transactions on the blockchain.

Usually, the transaction that triggers the execution of the instructions contained in a smart contract involves the payment of a fee in ETH, and in many cases in order to actually trigger the execution also involves the payment or sending of tokens specific to the smart contract itself, or other smart contracts.

Technically, smart contracts are a type of account on the Ethereum blockchain, “controlled” by the network rather than a central entity. They can store ETH or tokens, and can also send transactions on the network autonomously.

Ethereum: how do smart contracts work?

A contract in the Solidity language would be like a kind of union of a code (the functions) and data (its state) located at a specific address on the Ethereum blockchain. Each contract contains declarations of state variables, functions, function modifiers, data structures and events.

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The MiCA regulation, which came into force with the aim of uniformly regulating the cryptocurrency sector within the European Union, imposes new conditions that particularly concern:

  • – The mandatory authorization of crypto service providers
  • – The transparency of whitepapers
  • – The reserve requirement for stablecoin issuers
  • – Surveillance on systemic risks

One of the main impacts is precisely on stablecoins, like USDT, which will have to demonstrate that they have solid, transparent, and accessible reserve assets.

The platforms that wish to maintain the trading of these tokens within the European market will need to ensure that the assets are fully compliant.

Binance closes Tether trading in Europe to comply with MiCA regulations

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