Visa Boosts USDC Adoption in CEMEA via Yellow Card Stablecoin Partnership
Visa has expanded its stablecoin settlement network into Central and Eastern Europe, the Middle East, and Africa (CEMEA) through a strategic partnership with Yellow Card. This collaboration leverages blockchain technology to transform cross-border payments, enabling faster and more efficient transactions.
The new infrastructure allows issuers and acquirers to settle directly in USDC, bypassing traditional banking delays. Yellow Card's participation highlights a targeted initiative to revolutionize Africa's digital payment ecosystem using stablecoin-based treasury solutions.
Visa continues to enhance its blockchain capabilities, incorporating VTAP and forming alliances with institutions like BBVA and BVNK to support tokenized assets. This effort aligns with Visa's broader vision for a 24/7, transparent, and programmable global financial system.