Wire · technology
Kora Launches One Rail to Enable Stablecoin Payments for African Businesses
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Fusion42 · 1 October 2026 · Fusion42 review
Kora has launched One Rail, a payment infrastructure enabling African businesses to collect, hold, convert, and settle funds in stablecoins alongside fiat currencies, addressing high cross-border remittance costs and slow settlements. The service supports USDT and USDC with plans to add more USD-backed stablecoins, facilitating faster, cheaper cross-border payments without needing blockchain expertise.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 30 Sep 2026 and 1 Oct 2026.
◆ ◆ The Wire takeaway
African businesses now have a clear path to cut cross-border payment costs with stablecoins integrated into existing payment stacks. You can start reducing dependence on slow, expensive fiat rails and tap into faster USD payment flows this week.
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2 sources · first reported 30 Sep 2026 · latest 1 Oct 2026
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