Visa Partners with Yellow Card to Drive Stablecoin Adoption in Africa

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-06-19 19:10:02

Visa is accelerating stablecoin infrastructure in Africa through a strategic partnership with Yellow Card Financial. The collaboration targets 20 African markets, starting with a pilot in an undisclosed country later this year. This initiative leverages Visa Direct's network and Yellow Card's regional licenses to enable near-instant, low-cost stablecoin transactions—a critical solution for markets plagued by currency volatility and dollar shortages.

The MOVE builds on Visa's existing stablecoin infrastructure, which has processed over $225 million in USDC settlements since 2023. By combining corporate liquidity management with consumer-facing solutions, the partnership addresses two pain points: slow dollar transfers through traditional banks and limited access to cross-border payment rails.

By:

Log in to Reply

Meta in Advanced Talks to Acquire AI Fund Stake and Recruit Top Investors

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.