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VCI Global (VCIG) announced a strategic partnership with Oobit to expand access to the global payment market through new crypto-to-fiat settlement infrastructure. The collaboration will enable digital-asset payments with instant fiat conversion for merchants across ASEAN and other high-growth emerging markets. Oobit’s platform, already live in multiple regions, allows consumers to pay using USDT, Bitcoin, Ethereum, OOB, and other major digital assets, while merchants receive real-time fiat settlement in their preferred local currencies. Oobit is backed by institutional investors, including Tether, CMCC Global, 468 Capital, and industry leaders such as Anatoly Yakovenko, co-founder of Solana. This partnership leverages Oobit’s operational platform while expanding its reach into underbanked and high-growth SME markets. Under the partnership, VCI Global will support Oobit in accelerating merchant onboarding, enterprise integrations, and regional market expansion, with a particular focus on ASEAN’s SME sector, one of the region’s largest underserved business ecosystems. By combining VCI Global’s regional expertise and Oobit’s technology, the collaboration aims to address long-standing gaps in financial infrastructure and payment accessibility.
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