ChainCatcher news, Tether announced that it has partnered with the TON Foundation and the crypto payment application Oobit to build a seamless crypto payment solution.This collaboration reaffirms Tether's commitment to providing a borderless financial system through decentralized technology solutions, supporting users in the rapidly evolving digital financial world.To this end, Tether recently launched USDT and XAUT on TON to facilitate smooth transfers between users in the TON ecosystem, achieving a fast, secure, and cost-effective process.

ChainCatcher news, according to CoinDesk, the crypto payment application Oobit announced the completion of a $25 million Series A funding round, led by Tether's investment firm, CMCC Global's fund Titan Fund, 468 Capital, and Solana co-founder Anatoly Yakovenko. Oobit declined to disclose the specific valuation of this investment.Oobit stated that the company plans to open cryptocurrency payment features to third-party wallets, which may drive Oobit to transform into a non-custodial crypto payment application.