Noah, a global payments infrastructure provider, and NALA, a global stablecoin payments company, announced a strategic partnership to build a new generation of cross-border payment infrastructure. Global businesses in Africa and Asia can now collect USD and pay out local currency in minutes, instead of days, bypassing a century-old banking system that costs users billions in fees.
The NALA-Noah network lets businesses collect USD anywhere and pay out locally in minutes, not days, closing an estimated 850bn annual liquidity gap across Africa and Asia. Powered by NALA's infrastructure business, Rafiki.
For decades, cross-border payments into emerging markets have been defined by high fees, trapped liquidity, and settlement delays. Remittance costs still average close to 9 in many corridors. Businesses face chronic payout and treasury bottlenecks. Consumers lose value to FX spreads and slow rails.
