Oobit, a crypto payments service provider backed by Tether and Solana, is actively seeking a license in the United Arab Emirates. This move reflects the company’s strategy to expand its operations and establish a foothold in the UAE market. Oobit’s plans include setting up an office in Abu Dhabi, aiming to provide innovative payment solutions to consumers and businesses in the region. The UAE’s progressive stance on cryptocurrency presents a strategic opportunity for Oobit’s growth. As the crypto landscape continues to evolve, this expansion aligns with the increasing demand for secure and efficient digital payment methods.