Noah Brings Dollar and Euro Accounts to 100 Million Wallet Users
Hey Payments Fanatic!
What if you could receive dollars or euros directly into your digital wallet without opening a traditional bank account? That’s exactly what Noah is bringing to Bitget Wallet’s 100 million users worldwide.
The stablecoin infrastructure provider has partnered with Bitget Wallet to offer virtual USD and EUR accounts. Users can receive money through traditional payment networks like ACH, Fedwire, SEPA and SWIFT, then convert incoming funds into stablecoins directly inside their self-custodial wallets.
What I find interesting is that this goes beyond crypto trading. Noah is connecting traditional banking rails with stablecoin infrastructure, making it easier for people to access and hold digital dollars and euros, including in markets where local currencies can be volatile.
And there’s a bigger opportunity here: Noah says other wallets and fintechs can offer the same service through a single integration. That could make access to global currencies much less dependent on where you live or which bank you use.
Following its recent partnership with Western Union, Noah is clearly pushing to bring stablecoin infrastructure into mainstream payments.
Here’s what else is happening in payments today👇
See you tomorrow!
Cheers,
INSIGHTS
💡 Stablecoin card spending has grown 86x in less than three years. From just $38 million in Q4 2023, quarterly spending has now reached $3.3 billion, with cards processing more in a month than they did throughout 2024. Interestingly, RedotPay's market share has dropped from around 85% to 36% as other providers have grown, even though its own volumes continued rising. And over 90% of all spending still runs through Visa's network.
NEWS
🌍 Noah brings USD and EUR accounts to Bitget Wallet's 100 million users. The integration lets users receive dollars and euros into their self custodial wallets via ACH, Fedwire, SEPA and SWIFT. Incoming deposits can be converted into stablecoins and accessed directly within Bitget Wallet.
🇺🇸 zerohash brings Open USD stablecoin live across its network. Partners including Marqeta and Visa Direct can now embed OUSD across treasury, payouts and payins. The stablecoin is supported on Base, Ethereum, Solana and Tempo.
🌐 Mastercard warns that stablecoin payments still face infrastructure challenges. Matthew Driver, Mastercard's Asia Pacific executive, told CNBC that slow conversions between fiat currencies and stablecoins can offset faster blockchain transfers. His comments follow Mastercard's acquisition of BVNK and the October launch of its Global Money Platform.
🇵🇭 Philippine DTI and Mastercard team up to support small business digitalisation. The small-business digitalisation initiative will focus on supporting merchants as they move towards digital commerce; programme terms and implementation details remain unconfirmed.
🇦🇪 Mastercard and FAB Rewards launch Messi-themed cardholder experience in UAE. The companies have announced a promotional football experience for eligible UAE cardholders tied to Lionel Messi and Mastercard’s Priceless programme. The cardholder rewards partnership concerns benefits and customer engagement rather than a new payment rail or financial product.
🇳🇬 UBA adds Google Pay support for Visa and Mastercard cardholders. The Google Pay integration enables eligible customers to add their cards to the digital wallet and make contactless payments using compatible devices.
🇺🇸 CarParts.com goes live with Klarna's full suite of payment options. Shoppers can pay in full, split purchases into four payments, or finance repairs. The options cover more than 1.5 million parts and accessories. Read mor
🌎 ACI Worldwide and Circle collaborate on USDC settlement in Latin America The companies have announced a collaboration designed to connect USDC-based settlement with existing payments infrastructure in the region. The Latin American settlement collaboration targets interoperability between stablecoin and conventional payment systems.
🌍 Adyen and Sabre partner to modernize airport payments at check in. Embedding Adyen's Terminal API lets airlines using Sabre's airport application accept payments at the point of departure. Transactions link automatically to the passenger record, from booking to boarding.
🇺🇸 SeatGeek and Rain connect game day payments and rewards for sports fans. Rain powers the team branded wallet, virtual card and rewards engine within SeatGeek's Game Day Your Way. SeatGeek is expanding the program after successful pilots during the Cleveland Cavaliers playoff run.
🇨🇳 Beijing promotes digital yuan payments for salaries and university spending. Chinese authorities are encouraging wider e-CNY use, including applications connected to university payments and remuneration. The digital yuan adoption push illustrates broader public-sector efforts to expand everyday usage.
🇰🇷 Samsung Wallet expands payments to WeChat Pay merchants in China. Through a partnership with Tencent and Woori Bank, Samsung Wallet Money users in South Korea will be able to make QR code payments at participating Chinese merchants without installing a separate payment app.
🌍 Whop partners with Lightspark for global seller payouts. The integration gives the digital commerce platform access to payment infrastructure spanning more than 65 countries, supporting transfers funded through dollars or stablecoins.
🇮🇪 Paysafe expands Irish football partnership through Shelbourne FC. The payments provider has entered an agreement with the Irish football club as part of its expansion in the country’s sporting sector. The Shelbourne FC partnership adds to Paysafe’s football-related commercial activities and is intended to increase the company’s brand visibility in Ireland.
🇪🇺 Brite Payments launches Brite Pass. The account-to-account payments provider has introduced a product called Brite Pass. The Brite Pass product launch expands its payments offering, but the supplied announcement could not be retrieved to confirm the product’s exact functionality, eligible markets or commercial availability.
🇪🇺 Noda launches BIN-to-Bank to reduce online card payment costs. Available across 26 European countries, the open banking checkout solution identifies customers’ issuing banks from their card details and redirects eligible transactions to bank payments.
🇰🇷 South Korean regulator fines Google and Apple over in-app payment practices.The Korea Communications Commission has imposed penalties on Google and Apple in connection with compulsory in-app payment arrangements. The in-app payments enforcement involves a reported combined sanction of 63.7 billion won.
🇸🇬 Grab, Wise and Liquid Group are first to sign Singapore's new payments code. The voluntary Singapore FinTech Association code requires providers to disclose full transaction costs, including fees, exchange rates and markups. Adherence declarations stay valid for one year before providers must reassess.
🇺🇿 Apple Pay and Google Pay launch in Uzbekistan, expanding digital payments in the country. Users can now make contactless payments with compatible smartphones and smartwatches. Availability depends on the issuing bank, payment network and card type, and Android devices require NFC.
🇺🇸 ApprovalMax launches ApprovalMax Pay for QuickBooks Online in the US. The new offering aims to streamline accounts payable within QuickBooks Online. The launch targets US companies managing their payables on the platform.
🇨🇦 Scotiabank adds new self service and money transfer features to its Canadian mobile app. The bank also redesigned Scotiabank.com with a simpler layout built for mobile, plus more personalized offers. Client feedback from its inaugural Client Innovation Day guided the update.
🇮🇳 Paytm reports tenfold increase in quarterly profit The Indian FinTech recorded approximately ₹225 crore in profit after tax for Q2 FY27, compared with ₹21 crore a year earlier, while revenue grew 28% to ₹2,648 crore. Its September-quarter financial results also showed EBITDA rising 90% to ₹270 crore, with merchant subscriptions reaching 1.64 crore.
🇰🇷 Shinhan Card and Dunamu pilot blockchain-based QR payments in South Korea. Under the blockchain payment pilot, Shinhan Card will issue and manage payment tokens, while Dunamu provides the underlying infrastructure. Employees will make purchases by scanning QR codes, with on-chain authentication and pre-registered wallets used to test transaction security and compliance.
🇸🇬 Rently secures $12 million credit facility from January Capital. The Singapore-based rental payments platform will use the financing to expand its Rent Now Pay Later offering across Singapore, Hong Kong and the UAE, alongside potential new markets.
🇿🇦 Circle Ventures invests in South Africa's CrissCross, owned by Stitch Group. The undisclosed investment will fund the expansion of its stablecoin payments infrastructure across Africa. CrissCross operates in more than 30 African markets and supports over 20 currencies.
🇺🇸 PayQuicker appoints Tyron Bennion as Chief Revenue Officer to accelerate growth. Bennion brings more than 15 years in payments, including senior roles at Hyperwallet. He will oversee sales, partnerships, and account management at PayQuicker.
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