Noah Partners with Hyperbeat to Power the On-chain Banking Layer for $300B in Monthly DeFi Volume

Noah, the global payments infrastructure provider, has partnered with on-chain banking layer, Hyperbeat to give Hyperliquid users a faster, easier way to move money between bank accounts and on-chain trading for the first time.  

As part of the partnership, Noah is now the default EUR, USD, and major currency settlement provider for Hyperbeat’s Liquid Banking experience – the new on chain-account that brings trading, payments, and balances together in one place. 

With Noah integrated, Liquid Banking users – and by default anyone using the Hyperliquid ecosystem – can connect their on-chain and traditional accounts in one place. This means they can add funds using regular bank transfers, convert that money into assets such as stablecoins like Hyperbeat USD, BTC, ETH or SOL instantly, and send money back to bank accounts around the world without the typical delays and fees.  

Crucially, when it is time to cash out, Noah’s infrastructure allows users to bypass the traditional SWIFT network entirely. The platform’s global payout capabilities enable users to withdraw funds directly to local bank accounts in over 15 currencies – including GBP, BRL, INR, SGD, CAD, and AED. This allows users operating across borders to avoid predatory cross-border fees and local inflation by holding wealth in productive dollars until the exact moment they need to spend locally.

The global payouts and spending flows are managed through Noah’s settlement network, and all conversions are verified and compliant thanks to systems like ACH, FedWire and SEPA being plugged directly into Liquid Banking accounts. This means users can handle payments and settlements without leaving the Hyperliquid ecosystem or using external exchanges, and gets rid of the need for separate wallets, ramps, or tools. 

Unifying banking 

As one of the most active on-chain trading environments, Hyperliquid processes more than $300B in trading volumes each month. To support that scale of activity, Hyperbeat was created as an on-chain banking layer to sit alongside Hyperliquid and give users an easier way to manage money around their deals.

Hyperliquid, and its new Liquid Banking feature, live on the HyperEVM chain and use Hyperbeat USD, a yield-bearing stablecoin issued by Paxos Labs that’s backed 1:1 by USDG0, as the underlying on-chain balance.

“Hyperliquid is one of the most active ecosystems for on-chain trading, and fiat access is essential for real-world utility,” said Shah Ramezani, CEO and Founder, Noah. “As the default EUR, USD and major currency settlement provider for Hyperbeat, we are enabling users to move funds securely and instantly between fiat, stablecoins and native assets for the first time.”

“Liquid Banking was built to bring everyday financial functions on-chain, while keeping assets self-custodied and verifiable. Noah provides the compliant fiat connectivity required to make that possible,” said Kilian Boshoff, Ceo, Hyperbeat. “With Noah’s ACH, FedWire and SEPA support, users across HyperEVM and the Hyperliquid ecosystem can move between trading, payments and settlement from one unified account.”

“Hyperbeat’s USD product shows what’s possible when platforms own their entire stablecoin experience,” said Bhau Kotecha, Co-Founder, Paxos Labs. “With enterprise-grade backing from USDG0 and seamless fiat connectivity through Noah and Rain, Hyperbeat has built a complete financial experience, savings, spending, and settlement on HyperEVM.”

Liquid Banking and Hyperbeat Pay use Hyperbeat USD as the underlying on-chain balance. A yield-bearing stablecoin issued by Paxos Labs and backed 1:1 by USDG0, the multichain extension of USDG. USDG is a fully regulated stablecoin issued by enterprise blockchain infrastructure provider, Paxos Trust Company, which has more than $180B in tokenization activity. Hyperbeat’s USD product provides a trusted, dollar-denominated asset for savings, spending, trading, and settlement on HyperEVM.