- Yellow Card and Visa collaborate on African stablecoin payments.
- Stablecoin technology is central to cross-border payments.
- Partnership signals increased blockchain adoption in payments.
Yellow Card has partnered with Visa to boost stablecoin payments in emerging African markets, starting by late 2025. The collaboration focuses on improving cross-border financial transactions using blockchain technology.
The partnership aims to streamline African cross-border payments, enhancing the financial ecosystem with stablecoins. It reflects the growing interest in blockchain-based transactions as traditional payment systems explore new methods.
Yellow Card, a stablecoin payment orchestrator, and Visa, a leading payments company, are launching a strategic operation to enhance digital payments. This collaboration will initially focus on integrating stablecoins in African markets by late 2025.
“Traditional payment companies continue to question not ‘if’ they need a stablecoin strategy, but how quickly they can deploy one. We are thrilled to partner with Visa to help realize the potential of stablecoin technology in emerging economies.” — Chris Maurice, Co-Founder and CEO, Yellow Card
The partnership may boost demand for USDC and USDT, dollar-pegged stablecoins, especially on the Ethereum network. It reflects a strategic move towards efficient and cost-effective digital payments across emerging economies.
Immediate implications include increased digital transactions and enhanced liquidity management. This partnership may also influence stablecoin use among financial institutions in emerging markets, driven by Yellow Card and Visa’s collaborative efforts.
Potential outcomes of this partnership include advancements in financial technology and heightened regulatory interest. Historical trends suggest Ethereum may see increased transaction volume, with layer-2 solutions potentially benefiting from cost reductions. Such developments underscore the potential of stablecoins in global finance.
