A strategic alliance between Noah and Hyperbeat establishes the payment provider as the default EUR, USD, and other major currency settlement engine for on-chain “Liquid Banking” layer, creating a seamless bridge between local bank accounts and the HyperEVM chain.
Noah, a global payments infrastructure company powered by stablecoin technology, has partnered with on-chain banking layer, Hyperbeat so that its native decentralized finance (DeFi) platform and Layer‑1 blockchain focused on trading and financial infrastructure, Hyperliquid, may offer users a faster, easier way to move money between bank accounts and on-chain trading for the first time.
Hyperbeat is a native DeFi protocol built on Hyperliquid. Its infrastructure is directly built on top of Hyperliquid’s Layer‑1 technology. It leverages Hyperliquid’s blockchain and smart‑contract environment to offer financial services like automated yield strategies, liquid staking, lending, money markets, and more.
According to the corporate data, Hyperbeat’s on-chain banking layer is handling $300B in monthly DeFi volume. With Noah integrated as a settlement provider, Liquid Banking user base, which basically encompasses anyone using the Hyperliquid ecosystem, can now connect their on-chain and traditional accounts in one place.
“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.”
As a result of a Noah support integration, Liquid Banking users can add funds to the digital crypto wallets using regular bank transfers, convert that money into digital blockchain-based assets such as stablecoins like Hyperbeat USD, BTC, ETH or SOL instantly, and effortlessly send money back to their chosen bank accounts around the world without the typical cross-border fiction like delays and hidden fees.
“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.”
Notably, in order to cash out, Noah’s infrastructure does not necessarily use the traditional SWIFT network. The platform’s global payout capabilities enable users to withdraw funds directly to local bank accounts. Besides, that functionality is available not only in USD but in over 15 popular global currencies, including GBP, BRL, INR, SGD, CAD, and AED. Therefore, users operating across borders can avoid extra cross-border and FX fees as well as alleviate the influence of local inflation if managed wisely.
The global payouts and spending flows will be now managed through Noah’s settlement network. All conversions are claimed to be verified and compliant, using systems like ACH, FedWire and SEPA plugged directly into Liquid Banking accounts. As all the hard work happens on the back-end, users can handle payments and settlements without leaving the Hyperliquid ecosystem for external exchanges, separate wallets, ramps, or tools.
Unifying daily banking with on-chain trading activities
As an active on-chain trading environment, Hyperliquid needs Hyperbeat as an on-chain banking layer to give users an easier way to manage money around their frequent deals. Its new Liquid Banking feature functions on top of the HyperEVM chain and uses Hyperbeat USD, a yield-bearing stablecoin issued by Paxos Labs that’s backed 1:1 by USDG0, as the underlying on-chain balance.
USDG0 is the multichain extension of USDG – a fully regulated stablecoin issued by enterprise blockchain infrastructure provider, Paxos Trust Company, which has more than $180B in tokenization activity. With USDG0 backup, Hyperbeat’s USD product provides a trusted, dollar-denominated asset for savings, spending, trading, and settlement on HyperEVM.
“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.”
