TRUMP Token Joins Oobit’s Crypto Payment Revolution

The TRUMP token based on Solana is now the accepted payment at McDonald's as Oobit offers tap-and-pay functionality.

Bitcoin (BTC) has hit a new all-time high of more than $109,000. The main drivers behind the surge include institutional demand and anticipation of crypto-friendly policies under the newly inaugurated U.S. President Donald Trump. It marks a new chapter in investors’ increasing confidence in digital assets as a mainstream financial instrument.

The TRUMP memecoin has certainly not been an exception to the market frenzy. As Trump himself promotes it on his social media, the Solana-based token has surged to $70 and managed to accumulate over 850,000 holders worldwide. It briefly entered the top 10 market cap and currently ranks as the 18th largest cryptocurrency.

TRUMP Token Joins Oobit’s Crypto Payment Integration

Meanwhile, the Singapore-based crypto platform Oobit has integrated the TRUMP token into its ecosystem, enabling users to tap-to-pay for purchases using the token. This new integration now allows people residing in the European Union to spend their TRUMP tokens on everyday purchases. Here is an example of how a user can pay at McDonald’s using the solution from Oobit.

The Solana-based TRUMP token is now accepted as payment at McDonald’s as Oobit integrates 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.

Launched in 2017, Oobit is spearheading the revolution in cryptocurrency payments. To date, more than 100 million retailers have been connected to its platform, and its users can utilize the service to pay with crypto at any contactless payment point. Moreover, it has an application for both iOS and Android and offers seamless transfers, purchases, and sales of cryptocurrencies, making it suitable for both new users and experienced traders.

As Oobit plans to expand into the Asia Pacific, United Arab Emirates, Canada, and Australian markets, the future holds great promise for the company. In preparation for this expansion, Oobit has applied for a regulatory license in the Abu Dhabi Global Market and established an office there to bolster its presence in the region.

By collaborating with traditional financial institutions, Oobit will be enhancing the usability of cryptocurrencies by merging Web3 innovation with existing payment infrastructures. The company plans to add support for external wallets and build a Web3 gateway, further cementing its position as a leader in crypto-based payment solutions.