Stables and Mansa partner to bridge Asia’s stablecoin gap
Stables and Mansa partner to launch a liquidity layer for fiat-to-USDT corridors in Asia, aiming to bridge stablecoin infrastructure gaps and enable instant, high-volume settlements across 150 currencies.
Stables and Mansa have formed a strategic partnership to tackle Asia’s fragmented stablecoin infrastructure. Despite accounting for 60% of global stablecoin flows, only 1% of local banks in the region support this technology. The collaboration introduces a dedicated liquidity layer for Stables’ fiat-to-USDT corridors. This enables fintechs and developers to bypass traditional banking fragmentation and settle high-volume transactions instantly. Mansa, which has processed $394 million across more than 40 currency corridors since August 2024, will provide the settlement liquidity for the partnership. Stables now handles over $1.5 billion in annualized payment volume via a single API that streamlines compliance, banking, and settlement, including identity verification and sanctions screening. The partnership aims to bridge the infrastructure gap for 150 local currencies, making stablecoins a more practical tool for cross-border payments in Asia.