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Noah & Bitget Wallet launch virtual dollar accounts

Noah & Bitget Wallet launch virtual dollar accounts

Wed, 28th Oct 2026 (Today)
Karen Joy Bacudo
KAREN JOY BACUDO Finance Editor

Noah has partnered with Bitget Wallet to offer virtual US dollar and euro accounts to the wallet provider's 100 million users, extending fiat account access within a self-custodial wallet.

Under the arrangement, Bitget Wallet users can receive USD and EUR through ACH, Fedwire, SEPA and SWIFT, then convert those deposits into stablecoins held in the wallet. Noah provides the compliance, treasury, foreign exchange and settlement infrastructure behind the service.

The move links traditional payment rails with stablecoin-based transfers at a time when financial groups are testing digital tokens for cross-border payments, treasury and remittance services. It also gives wallet users more ways to move between bank-based money and digital assets without leaving the app.

In high-inflation economies, access to dollar and euro balances is often limited by local banking restrictions, product availability or the difficulty of opening foreign-currency accounts. The new service is intended to let users receive major currencies directly and hold the value in digital dollars inside their wallets.

Noah said the same model can be offered to other wallets and fintech groups through a single integration. Its network supports money movement in more than 60 currencies across more than 150 markets.

Market push

The launch adds to a period of expansion for Noah as stablecoins attract wider interest from established payment providers. Earlier this month, Western Union selected Noah for its stablecoin payments network, and the company also disclosed a US$38 million seed funding round.

Noah recently secured a MiCA CASP licence and a PSD2 Payment Institution licence, allowing it to provide regulated stablecoin and fiat payment services across the European Union's 27 member states under a single framework. It is also backed by more than 40 licences, registrations and approvals across the United States, Canada and Europe.

Bitget Wallet's user base gives Noah a large distribution channel at a time when digital wallet operators are looking to add more payment and savings functions. The tie-up also reflects a broader push in the digital asset sector to position stablecoins less as trading tools and more as part of everyday financial services.

Industry interest has moved beyond crypto-native transactions as firms explore stablecoin use in payroll, commerce and international transfers. Supporters argue that token-based settlement can reduce delays and cut the number of intermediaries involved in cross-border money movement, though regulatory oversight remains central to broader adoption.

Noah framed the service as a response to uneven access to hard-currency accounts in many regions.

"For far too long, opening a dollar or euro account has been out of reach for billions of people around the world. In countries where high inflation erodes the value of local currencies, people often turn to the dollar and euro as a more stable way to save, yet access remains limited. With this integration we have, in one step, removed the obstacles to receiving these currencies and holding their value in digital dollars. This is the democratization of global finance," said Shah Ramezani, Founder and Chief Executive Officer of Noah.

Ramezani also linked the service to wider changes in international payments infrastructure.

"Stablecoins now let money move at the speed of the internet, with the compliance, transparency and reliability that regulated financial systems demand. We're seeing a fundamental shift away from legacy correspondent banking toward programmable, real-time payment networks. Bitget Wallet is bringing that future to more than 100 million people, and any wallet or fintech can now do the same with Noah," he said.