Orbit, a Tether-backed cryptocurrency payments app, now supports global bank transfers, The Block reported on Feb. 24 local time. The feature uses infrastructure from Distributed Technologies Research to connect crypto with the traditional financial system. Orbit said users can check exchange rates in real time and complete payments instantly without fees or additional conversions. Transfers use SEPA, ACH and SPEI networks and support fiat currencies including USD, EUR, MXN and PHP, as well as BTC, ETH and USDT. Bakkt plans to acquire DTR, and Orbit plans to work with Bakkt to expand into all 50 U.S. states.