LONDON, - May 8th, 2026 - Pakistan has solidified its status as a critical node in the global supply chain of digital labor, ranking as the fourth-largest provider of freelance talent worldwide. With over three million active digital workers generating a historic $3.8 billion in export remittances annually, the country is a digital powerhouse. Yet, access to global payments remains limited - traditional providers can charge up to 10% in fees, and transfers often take days to arrive. Today, Cenoa, the stablecoin-powered cross-border payments app, and Noah, the global payments infrastructure provider, are partnering to address this directly.
- Instant Global Banking: Pakistani users on Cenoa can open personal US (USD) or EU (EUR) bank accounts in just 3 minutes using only their ID.
- Zero-Fee Incoming Payments: The partnership bypasses traditional providers that can charge up to 10% in fees, effectively eliminating the 5.5% to 8.5% total loss historically extracted by legacy aggregators.
- Stablecoin Settlement: Powered by Noah’s infrastructure, fiat payments automatically convert and settle as stablecoins (USDC/USDT) within Cenoa’s wallet , protecting users from chronic local currency devaluation.
- Global Outbound Reach: Users can hold their wealth in stable value or send USD to any bank account worldwide via SWIFT.
New financial operating system will empower the rising class of AI-driven digital workers in the world’s fourth-largest freelance economy.
The "Geography Tax" on the AI Generation
With the rise of AI, millions of people in emerging markets who work in e-commerce and freelancing are turning into "vibecoders" - a rapidly growing new segment of global digital workers building, selling, and earning online. However, existing solutions such as Payoneer are often expensive, slow, and poorly designed for these users. High fees, slow settlement, and complex onboarding create major friction, acting as a private tax on their labor.
"As AI expands what individuals can build and sell globally, the number of independent digital earners is increasing dramatically," said Seckin Caglin, Cofounder & Co-CEO of Cenoa. "We built Cenoa specifically for this explosively growing new persona.”
Emre Ertan, Cenoa’s Cofounder & Co-CEO said, “By partnering with Noah, we are closing the gap between stablecoin rails and everyday finance, turning stablecoin infrastructure into a real product that real people can use. Our goal is to become the definitive bank for this generation of global freelancers, builders, and online entrepreneurs.”
One App for the Entire Money Loop
Through Noah’s embedded banking infrastructure, Pakistani users on Cenoa can now bypass legacy financial bottlenecks entirely. Users can generate personal US routing numbers and EU IBANs in under three minutes. When an international client sends a payment, the funds are received by Noah and settle instantly into the user's Cenoa wallet as stablecoins. Incoming payments arrive in minutes with zero fees, and users retain the ability to send USD to any bank account worldwide via SWIFT.
"For too long, the minds powering the global digital economy have been taxed simply because of their geography," said Shah Ramezani, Founder and CEO of Noah. "By plugging Noah’s fiat-to-stablecoin settlement rails directly into Cenoa, we are effectively giving a vibecoder in Lahore the exact same financial privileges as a developer in Silicon Valley. This is the promise of modern finance: making the complex plumbing invisible so people can just use their money."
The Shift to a Borderless Economy
The rollout of Cenoa’s Pakistani integration will mark a critical milestone in the "stablecoinization" of global remittances. By bypassing legacy correspondent banks and aggregators, this partnership is positioned to help reclaim the estimated $266 million lost annually to intermediary fees in Pakistan alone.
As Cenoa expands its 500,000-strong user base into this high-growth market, the two companies are building a scalable, low-cost alternative to the traditional banking system - ensuring that for the next generation of workers, the cost of getting paid becomes a thing of the past.
About Cenoa
Cenoa is a stablecoin-powered cross-border payments app built to become the bank for the new generation of global freelancers, SMBs, and online entrepreneurs in emerging markets. Cenoa already serves 500,000+ users across emerging markets and is expanding into Pakistan to meet the massive demand for stable, dollar-denominated financial tools. By improving access to global payments with its partners like Mastercard and Stripe, the app helps freelancers join global trade, increase their income, and contribute to their local economy. Cenoa is backed by $7M in seed funding from leading investors including Quiet Capital, Underscore VC, Acrew Capital, and Collective Spark—investors behind category-defining companies such as SpaceX, Uber, Airbnb, Coinbase, Robinhood, OpenAI, and Chime.