Johannesburg — Mastercard and Yellow Card have announced a partnership to expand stablecoin-based payment solutions across Eastern Europe, the Middle East and Africa, including Kenya. The two firms said they will explore the use of stablecoins in cross-border money transfers, business-to-business payments, digital loyalty programmes and treasury management. The partnership will initially focus on markets…
Beijing — Six people were killed and 10 are missing after part of a bridge under construction collapsed Friday in northwest China, state media reported. A video published by state broadcaster CCTV showed the middle of the bridge’s arch section suddenly giving way and plunging into the waters of the Yellow River below. The cause…
Monrovia — The World Health Organization (WHO) released new guidelines for the treatment and management of arboviral diseases, which are illnesses caused by viruses transmitted to humans through Aedes mosquitoes, . Arboviruses can cause a range of similar symptoms, from mild flu-like symptoms to severe, potentially life-threatening conditions like encephalitis or hemorrhagic fever. The new…
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…
