- McDonald’s is now accepting TRUMP tokens through Oobit’s tap-and-pay service.
- Bitcoin reaches $109,500 ATH, indicating strong crypto market momentum.
Bitcoin (BTC) has reached an all-time high of more than $109,000. The main reasons for the increase are institutional demand and hope for crypto-friendly policies under the newly inaugurated U.S. President Donald Trump. It is a new sign of investor confidence in digital assets as a mainstream financial tool.
The TRUMP memecoin is not an exception to the frenzy in the market. With Trump promoting it on social media, the Solana-based token jumped to $70 and accumulated over 850,000 holders worldwide. It briefly made it into the top 10 market cap and currently ranks as the 18th largest cryptocurrency.
TRUMP Token Joins Oobit’s Crypto Payment Revolution
At the same time, the Singapore-based crypto platform Oobit integrated the TRUMP token into its ecosystem, allowing users to make tap-to-pay purchases with the token. This new feature allows residents of the European Union to spend TRUMP tokens on everyday purchases. Here is an example of how a user can pay at McDonald’s using the solution from Oobit.
The TRUMP token based on Solana is now the accepted payment at McDonald’s as Oobit offers tap-and-pay functionality. The Singapore-based crypto platform allows users to connect to Visa and Mastercard networks, enabling easy transactions for everyday purchases with the Official Trump token.
Oobit was launched in 2017 and is leading the charge in cryptocurrency payment innovation. To date, over 100 million retailers have been connected to its platform, and its users can make use of the service to pay with crypto at any contactless payment point. Additionally, it has an app for both iOS and Android and offers seamless transfers, purchases, and sales of cryptocurrencies making it quite appropriate for a new user or a seasoned trader.
The future looks very bright for Oobit as it plans expansion into markets such as Asia Pacific, the United Arab Emirates, Canada, and Australia. The company has applied for a regulatory license in the Abu Dhabi Global Market. It also established an office there to enhance its regional presence.
By collaborating with traditional financial institutions, Oobit will be enhancing the usability of cryptocurrencies by bringing together Web3 innovation and established payment infrastructures. The company plans to add support for external wallets. It will also build a Web3 gateway, further cementing its position as a leader in crypto-based payment solutions.
