Yellow Card, the stablecoin payments orchestrator, has partnered with Visa to help drive adoption of stablecoins in cross-border payments and payments in 20+ African countries where Yellow Card operates.
The two firms will explore stablecoin use cases and treasury operations, enhance liquidity management, and enable faster, more cost-effective money movement across borders.
According to Chris Maurice, Co-Founder and CEO of Yellow Card, “We are thrilled to partner with Visa to help realize the potential of stablecoins technology in emerging economies. Traditional payment companies continue to question not ‘if’ they need a stablecoin strategy, but how quickly they can deploy one.”
The deal will see the two firms enable faster and more accessible digital payments and explore stablecoin as payment options in markets where Yellow Card operates.
These deal will also see consumers, businesses and developers in 20+ African countries get access to secure, compliant, and accessible stablecoin products. This partnership further cements it’s role as a critical financial gateway and infrastructure provider in emerging markets.
“As more players in the payments ecosystem explore this powerful new technology, Visa stands ready to help our partners navigate the transformation, bringing the scale, trust and innovation needed to help build the next generation of global payments,” said Godfrey Sullivan, Senior Vice President and Head of Product and Solution for CEMEA, Visa.
