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Public Key

Public Key

Technology

Simplifying Crypto Payments for Micro Transactions

Simplifying Crypto Payments for Micro Transactions

2024-12-16
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What is the point of having an alternative to the traditional payment network like cryptocurrency, if you can’t use it to buy a coffee or a pair of shoes?

In this episode, Ian Andrews (CMO, Chainalysis) gets this question answered by Phillip Lord, President of Oobit, who has unlocked the technology with its crypto Tap and Pay solution to make crypto as easy to spend as using Visa or Mastercard.

Phillip describes the company's innovative approach to dealing with crypto-to-fiat conversions, enabling users to pay with crypto and stablecoins in traditional settings without the typical hurdles of seed phrases and complex wallet integrations.

He shares the vision of bringing these seamless payment options to Europe and expanding into new markets like South America, Africa and abroad, via partnerships and collaborations with Tether and prominent blockchain networks like TON. 

Minute-by-minute episode breakdown

2 |  Simplifying crypto payments with Oobit’s Tap-To-Pay solution

5 | Stripe acquires platform, Bridge: From traditional finance to stablecoin dominance

8 | Opportunities and challenges in crypto on-ramp and off-ramp processes

12 | Understanding the TON blockchain and other up and coming web3 projects

15 | Navigating regulatory challenges in global market expansion

18 | Political shifts and crypto market implications

20 | The future of tokenization and real world assets in crypto

Related resources

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

  • Website: Oobit: Pay for almost anything with crypto 
  • Announcement: Oobit Launches iOS App for Seamless Crypto Tap Payments
  • Article: Oobit Integrates Toncoin to Expand TON’s Payment Ecosystem in Collaboration with Tether
  • Press Release: Oobit 5X Rewards is here. Earn the Oobit way
  • Article: Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion Crypto Deal
  • Announcement: Chainalysis Appoints Jonathan Levin as CEO
  • Blog: Operation Destabilise: NCA Disrupts Multi-Billion Dollar Russian Money Laundering Network, OFAC Sanctions Related Individuals and Entities
  • Reports: The 2024 Geography of Crypto Report (Download now!)
  • Reports: The 2024 Crypto Maturity Journey: How Traditional Finance Can Adopt Cryptocurrency in Stages (Just Released - Download now!)
  • YouTube: Chainalysis YouTube page
  • Twitter: Chainalysis Twitter: Building trust in blockchain
Speakers on today’s episode
  • Ian Andrews *Host* (Chief Marketing Officer, Chainalysis) 
  • Phillip Lord (President, Oobit)

This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein.

Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.

Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material. 

Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 


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