TLDR Visa has partnered with Yellow Card to pilot stablecoin-powered cross-border payments across CEMEA The collaboration will test integration with Visa Direct, enabling businesses to send stablecoin-backed transfers directly to users’ bank or card-linked accounts Sub-Saharan Africa has witnessed consistent monthly stablecoin remittances exceeding $500 billion between 2022 and 2024 Visa has partnered with Yellow…
Yellow Card Financial and Visa have signed a deal to promote the use of stablecoins for cross-border payments in emerging markets where the cryptocurrency exchange operates. The two will explore opportunities to streamline treasury operations, enhance liquidity management, and enable faster and more cost-effective transfers, according to Yellow Card co-founder and CEO Chris Maurice. “Visa…
From left: Cuy Sheffield, VP, head of crypto, Visa; Chris Maurice, CEO and co-founder, Yellow Card; Godfrey Sullivan, senior VP, head of product and solution, CEMEA, Visa. Licensed stablecoin payments orchestrator Yellow Card has partnered with global digital payments firm Visa to help drive the next phase of innovation in cross-border payments and financial infrastructure…
