Visa Partners with Yellow Card to Enhance Stablecoin Payment Solutions
Visa has expanded its stablecoin capabilities in the CEMEA region and partnered with African crypto exchange Yellow Card. Key developments include:
- Investment in stablecoin-based payments firm BVNK.
- Settled over $225 million in transactions using Circle’s USDC stablecoin.
- Visa aims for all institutions moving money to adopt a stablecoin strategy by 2025.
- The partnership with Yellow Card will enhance cross-border payment options and liquidity management.
Statements from Visa and Yellow Card emphasize the goal of integrating traditional finance with innovative payment solutions.