African payments infrastructure firm Kora launches stablecoin payment network One Rail

Pan-African payments infrastructure provider Kora has launched One Rail, a new network the company describes as a major expansion of its payments infrastructure. The stated goal is to support stablecoin transactions. Kora focuses on the African market, where it operates as a payments infrastructure provider. The update was cited by Techub News and attributed to Finextra. The source material did not include further details on One Rail’s rollout, supported stablecoins, participating partners, or launch markets. As presented, the announcement centers on Kora’s move to add stablecoin transaction support through a new payment rail tied to its existing infrastructure footprint in Africa.