Kora Launches One Rail to Enable Stablecoin Payments for African Businesses

Kora, a pan-African payment infrastructure provider, announced the launch of One Rail, expanding its payments infrastructure to support stablecoins. Through One Rail, merchants can seamlessly collect, hold, convert, and settle funds in digital currencies alongside traditional fiat payment rails. African businesses operating across borders face persistent structural challenges, including slow international settlement times, high foreign exchange conversion costs, limited access to USD liquidity,