Noah and Fin.com launch fiat-to-stablecoin virtual accounts

Fin.com operates across the US, UAE, Europe, and south Asian countries, letting users hold balances and receive international payments without needing a traditional bank account.

The partnership sees Fin.com customers able to receive bank transfers in EUR and USD through local virtual accounts issued and regulated by Noah. Funds arriving into these accounts are automatically converted into stablecoins inside the Fin.com apps.

Once the users have stablecoins, they can also off-ramp in local fiat via Fin.com’s proprietary rails in countries like India, Bangladesh, Pakistan, Philippines, Nepal and Singapore.

Noah handles all onboarding, KYC, AML checks, and transaction monitoring for users who activate the feature. The first rollout will be available to 200,000 users initially, with broader expansion expected over the coming months.

Shah Ramezani, CEO, Noah, says: “Fin.com is building a global wallet for everyday people. By powering their EUR and USD account infrastructure behind the scenes, we remove the friction of international money movement while Fin.com stays focused on product and user experience.”