Kora Launches One Rail Stablecoin Service for African Cross-Border Payments
- —One Rail initially supports USDC and USDT, with more stablecoins planned
- —Service runs through Kora's existing APIs and developer tools without custom blockchain infrastructure
- —Merchants can receive, store, exchange and convert stablecoins into supported local currencies
- —Kora operates in Nigeria, Kenya, Ghana, South Africa and Egypt
Why it matters: Stablecoins are gaining ground as a cross-border settlement tool in emerging markets where traditional remittances remain slow and costly.
Source: CoinTrust