Pan-African fintech Kora adds stablecoins to its payment infrastructure

Kora, a Nigerian-founded fintech that provides payment rails for businesses across African markets, has launched One Rail, a product that integrates stablecoin payment and settlement options into its existing network. The new product allows eligible merchants in supported markets to accept payments in dollar-backed stablecoins USDT and USDC, convert between supported assets, and settle funds to bank accounts, mobile wallets, or stablecoin wallets through Kora’s existing infrastructure.