Stables, a digital currency exchange and orchestration platform, has entered a strategic partnership with liquidity infrastructure provider Mansa to address the critical infrastructure gap in Asia's stablecoin market. The collaboration, announced on April 15, 2026, aims to provide on-demand liquidity and compliance-first infrastructure for fiat-to-USDT payment corridors across the region.
Asia is the dominant force in global stablecoin flows, accounting for approximately 60% of the total volume, which translates to about $245 billion in payments sent from the region. Despite this massive demand, only an estimated 1% of local banks support stablecoin rails, creating severe fragmentation and liquidity challenges across the roughly 150 local currencies in the market.
Stables positions itself as an API-first orchestration layer, integrating compliance, banking access, and stablecoin conversion into a single interface for fintechs. The company reports processing over $1.5 billion in annualized payment volume and holds regulatory licenses in Australia, Europe, and Canada as a digital currency exchange, virtual asset service provider (VASP), and money-services business. Its services include identity verification, sanctions screening, and travel-rule compliance.
Mansa's role is to supply the "settlement-time liquidity infrastructure." The company will inject short-term capital to ensure Stables' on-ramps and off-ramps remain operational during market volatility, replacing static prefunding models with on-demand, stablecoin-backed credit. Since its launch in August 2024, Mansa has processed $394 million across more than 40 currency corridors.
"Stables has built exactly what Asia’s stablecoin market has been missing – a compliance-first API that works across 150 currencies," said Mouloukou Sanoh, co-founder and CEO of Mansa. He added that as institutions shift to stablecoin payments, "that kind of infrastructure becomes essential" and highlighted Mansa's role as "the liquidity behind it – making sure the capital is there when the volume shows up."
The partnership reflects a broader trend in payment infrastructure toward modular, specialist stacks. Stables' stated ambition is to become "the primary orchestration layer" for the USDT ecosystem in Asia, expanding its corridor network for fintechs and digital banks. The tie-up is designed to close the gap between tokenized dollars and real-economy payments by combining regulated rails with deep liquidity.
