Jupiter and Noah Plug Banking Rails Into Solana for 50 Million Users, SGD and MYR Live
Noah's regulated settlement infrastructure is now embedded inside Jupiter Global, giving Solana's 50 million-plus wallets virtual USD and EUR accounts, direct off-ramps to Singapore dollar and Malaysian ringgit bank accounts, and a roadmap that adds AED, IDR, JPY, and THB before year-end.
Jupiter, the decentralized finance SuperApp that routes roughly 90% of trading volume on Solana, and Noah, the global payments infrastructure provider licensed across 60-plus countries, announced on 24 February 2026 that Noah's regulated banking rails are now live inside Jupiter Global [1][2]. The integration delivers virtual USD and EUR accounts, instant off-ramps to local bank accounts, and salary-receipt capabilities to more than 50 million Solana wallet holders, with Singapore dollar (SGD) and Malaysian ringgit (MYR) corridors operational from day one [1][3].
What the Integration Actually Delivers
The partnership works by embedding Noah's settlement API directly into Jupiter Global, meaning users do not leave the application to access banking functions. A Jupiter wallet holder in Singapore can receive a client wire transfer denominated in USD, hold the balance as a stablecoin, and push it to a local SGD bank account in a single workflow. The same is true in Malaysia, where MYR payouts are now live [2][3]. Noah's infrastructure handles the regulated leg of each transaction, including know-your-customer compliance, currency conversion, and last-mile bank delivery, while Solana's blockchain provides the settlement layer for on-chain balances.
The practical effect is that Jupiter moves from a trading and liquidity aggregation platform into what its own team describes as a "sovereign financial hub" for everyday money management [2]. Users can receive international salaries as stablecoins, avoiding traditional intermediary delays and correspondent bank fees, and can off-ramp on-chain earnings to local accounts without exiting to a centralized exchange.
"For too long, the crypto economy and the real economy have operated as isolated ecosystems. We are building the bridge. By plugging regulated settlement infrastructure directly into Jupiter, we are turning a trading wallet into a comprehensive financial tool. This isn't just about moving money; it's about giving millions of users a direct line to the real economy, allowing them to convert on-chain wealth into real-world spending power instantly, without friction." - Shah Ramezani, Founder and CEO of Noah [1]
Corridor Rollout: SEA First, Global Next
The launch prioritizes Southeast Asia, a region where Jupiter's user density is high and where demand for cross-border payroll and remittance is substantial. SGD and MYR are live at launch, with AED (United Arab Emirates dirham), IDR (Indonesian rupiah), JPY (Japanese yen), and THB (Thai baht) confirmed as the next wave. Europe and Latin America corridors are planned for a later phase [1][2].
Corridor — Status — Use Case Focus
SGD (Singapore Dollar) — Live — Salary receipt, trading off-ramp
MYR (Malaysian Ringgit) — Live — Remittance, payroll
AED (UAE Dirham) — Roadmap — Cross-border contractor payments
IDR (Indonesian Rupiah) — Roadmap — Gig economy, remittance
JPY (Japanese Yen) — Roadmap — Institutional and retail off-ramp
THB (Thai Baht) — Roadmap — Developer income, tourism
EUR / LATAM currencies — Planned — Phase 3 global expansion
Thomas Stoffels, Jupiter Global Lead at Jupiter, framed the significance for the platform's existing DeFi user base:
"Our goal is to build a compliant, on-chain neobanking experience. For our DeFi audience, the ability to off-ramp directly to a bank account, or receive a wire transfer from a client directly into the app, is a game changer. We're bridging the gap between the speed of Solana and the utility of the traditional banking system." [1]
A Distinct Architecture in the On-Chain Neobank Stack
The Jupiter-Noah stack sits in a category that is filling quickly, but it is architecturally different from the stablecoin-card-first competitors that have dominated headlines in the region. KAST, RedotPay, and Wirex all lead with a Visa or Mastercard debit card as the consumer interface: the user spends crypto converted to fiat at point of sale, with traditional payment networks handling merchant settlement [4]. Jupiter and Noah invert that model: the primary interface is the wallet and virtual account, not a payment card, with the off-ramp delivering funds directly to a user's existing local bank account in their home currency.
Platform — Primary Interface — Off-Ramp Method — Blockchain Native — SEA Corridors Live
Jupiter + Noah — DeFi wallet, virtual USD/EUR account — Bank transfer (SGD, MYR live) — Yes (Solana) — SGD, MYR
KAST — Visa/Mastercard debit card — POS conversion — Partial — Limited
RedotPay — Visa debit card — POS conversion — Partial — 130+ countries card
Wirex — Visa debit card, custody account — POS and bank transfer — Partial — Select EU/global
Mantle UR — Swiss IBAN account, Mastercard card — SWIFT/SEPA, on-chain — Yes (Mantle/Ethereum) — Not SEA-specific
Mantle's UR, featured in Forbes coverage dated 15 May 2026, takes a parallel architectural bet: a Swiss FINMA-regulated full-reserve account with tokenized deposits on an Ethereum Layer 2, issuing a Mastercard that gives holders global spending access from a single multi-currency IBAN [4]. UR targets Asia as a growth corridor and operates without a traditional banking charter by relying on a Swiss regulated institution as the account provider. Jupiter and Noah's approach does the same thing on Solana, using Noah's existing payment licenses to avoid requiring a bank charter at the application layer. Both models demonstrate that the regulatory moat for neobanking is now accessible through licensed infrastructure partnerships rather than direct charter acquisition.
Why No Bank Charter Is Needed
Noah holds its own payment and banking licenses spanning more than 60 countries and currencies, which means Jupiter does not need to apply for or maintain any regulated financial license to offer account and off-ramp functionality to its users [1][2]. Noah takes on the compliance burden: KYC, AML screening, currency conversion under regulated frameworks, and delivery to local bank accounts via established payment rails. Jupiter provides the on-chain interface and the 50 million-wallet distribution. The architecture scales across jurisdictions simply by Noah enabling the relevant currency corridor, which is why the SGD-to-AED-to-IDR expansion path is measured in months rather than years.
For Singapore-based users in particular, the timing aligns with the Monetary Authority of Singapore's active push to establish the city-state as a digital asset hub, including its finalised stablecoin regulatory framework that creates a clear licensing pathway for single-currency stablecoins pegged to the Singapore dollar. The SGD off-ramp being live on day one reflects the regulatory groundwork that has been laid in the corridor over the past two years.
Solana's First Credible End-User Banking Layer
Jupiter already commands more than 90% of DEX aggregator volume on Solana and processed over 1 billion USD in daily volume at peak activity in early 2025, with annualized protocol revenue reaching approximately 228 million USD by mid-year [4]. Its lending product, Jupiter Lend, attracted over 1 billion USD in deposits in its first eight days of public beta and captured roughly 35% of Solana's entire lending market within weeks [4]. Adding regulated fiat rails through Noah makes Jupiter the first application on Solana to offer a complete banking stack: swap, lend, stake, receive salary, and off-ramp to a local bank account, all from a single interface.
The "last-mile problem" has been the consistent barrier to crypto's mainstream payment adoption: blockchains move value quickly and cheaply between wallets, but converting that value into spendable local currency has historically required users to exit to centralized exchanges, wait for bank transfer windows, and absorb multiple conversion fees. Noah's integration eliminates those steps for SGD and MYR holders today, and for users across six additional major currency corridors by year-end.
References
[1] IBS Intelligence, "Noah and Jupiter Enable Fiat-Crypto Banking Integration," February 26, 2026. https://ibsintelligence.com/ibsi-news/noah-and-jupiter-enable-fiat-crypto-banking-integration/
[2] KuCoin News, "Jupiter and Noah Integrate Neobank Features for 50M+ Users," February 24, 2026. https://www.kucoin.com/news/flash/jupiter-and-noah-integrate-neobank-features-for-50m-users
[3] Noah Blog, "Noah x Jupiter: Turning Crypto Wallets into Neobanks," February 24, 2026. https://noah.com/blog/jupiter-noah
[4] OAK Research, "Jupiter (JUP): From Solana Aggregator to Omni-Chain DeFi Super App," July 24, 2025. https://oakresearch.io/en/analyses/fundamentals/jupiter-jup-from-solana-aggregator-to-omnichain-defi-super-app
[5] Mantle Group Blog, "Mantle Launches UR: A Crypto-Native Neobank Bridging Fiat and On-Chain Finance," June 2025. https://group.mantle.xyz/blog/announcements/mantle-launches-crypto-first-neobank-ur