cryptonews.net
Oobit, a leading mobile payments app, has partnered with VeChain to integrate $VET (VeChain Token) into its platform, marking a significant step towards advancing the adoption of cryptocurrencies for sustainable everyday payments. The collaboration aligns with VeChain’s commitment to environmental, social and governance (ESG) initiatives, envisioning a future in which blockchain and digital assets drive sustainable practices across all industries.
With 72.7 billion of the 85.9 billion $VET in circulation, $VET’s integration into Oobit’s Tap&Pay feature allows users to use it for everyday transactions and directly contribute to VeChain’s ESG commitment. Users using sustainability-focused decentralized applications through VeBetterDAO earn $B3TR, the platform’s reward token, which encourages increased use of $VET and VTHO. Using VeChain’s “X-2-Earn” model, VeBetterDAO helps stakeholders, from individuals to large corporations, actively contribute to sustainability efforts.
The initial launch of Oobit’s Tap&Pay feature will cover Europe, starting with Android users. The company’s robust ecosystem allows cryptocurrency holders to use Tap&Pay in more than 100 million retail stores worldwide that accept Visa and Mastercard. By integrating $VET into everyday payments through Oobit, VeChain not only promotes mass adoption of cryptocurrencies, but also encourages users to actively participate in sustainable initiatives.
Image: Metaverse Post