Noah and Jupiter have teamed up to integrate decentralized finance with regulated banking services, allowing Jupiter’s users to manage both crypto and fiat assets from one platform.

This collaboration involves embedding Noah’s compliant banking infrastructure directly into the Jupiter Global application. Users will gain access to virtual USD and EUR accounts that settle as stablecoins. With these accounts, they can receive salaries, conduct international money transfers, or push their on-chain earnings to local bank accounts in supported regions.

Noah holds licenses covering over 60 countries and currencies, ensuring the necessary legal backing for the service.

Functional Benefits

The partnership aims to serve several cross-border financial needs such as payroll management, remittances, and institutional treasury operations. Initially, support will be offered for Singapore Dollars and Malaysian Ringgits. Future currencies slated for addition include UAE Dirham, Indonesian Rupiah, Japanese Yen, Thai Baht, and a broader range of European and Latin American currencies in the future.

Shah Ramezani, Founder and CEO of Noah, emphasized that this integration transforms a trading wallet into a multifunctional financial tool by linking on-chain assets to real-world spending. Thomas Stoffels, Jupiter Global Lead at Jupiter, highlighted how this integration bridges the speed benefits of the Solana network with the practicalities of traditional banking systems, especially for users who wish to transfer funds directly to their bank accounts or receive wire transfers through the app.

Broader Context

This partnership represents a significant move in DeFi platforms aiming to bridge the gap between decentralized and centralized finance. By integrating regulated fiat infrastructure, Jupiter Global seeks to provide reliable off-ramps for crypto users into everyday financial activities. This integration is designed to benefit users across the Asia-Pacific region, with plans to expand coverage to other markets over time.