Oobit Unveils Contactless Crypto ATM Cash Withdrawals

Oobit has rolled out contactless crypto ATM cash withdrawals for its users, allowing them to access physical cash directly from their digital balances without a bank account or card.

The feature is available across Oobit's supported markets and is funded directly from the user's Oobit balance. Users can withdraw up to $250 per transaction with a limit of three withdrawals per calendar day.

This move expands the Tether-backed payments platform's crypto spending capabilities beyond digital transactions, addressing one of the remaining challenges for stablecoin and cryptocurrency users: converting digital assets into cash without relying on banks or exchange withdrawals.