Visa expands stablecoin strategy into Africa with Yellow Card partnership

Both firms plan to explore opportunities to drive stablecoin adoption in treasury management and cross-border payments across markets where Yellow Card is regulated.

Both firms plan to explore opportunities to drive stablecoin adoption in treasury management and cross-border payments across markets where Yellow Card is regulated.

Plus: π³π¬ Nigerian fintechs embrace blockchain for POS payments π³π¬ Zap Africa is rebuilding crypto trust in Nigeria β while fighting to protect its name

Bitwise says data shows more institutions and businesses are turning to stablecoins

Plus: πΏπ¦ | Visa partners with VALR to issue cards in South Africa πΏπ¦ | Blockchain offers Africa opportunities for environmental, social, and governance development β Standard Bank

VALR said that the partnership aims to issue cards and other digital payment solutions that will be announced in the future.Β

Plus: EMURGO Africa cuts a $250K check for blockchain-based carbon project check π° | Angola wants to ban Bitcoin mining π¨

Sheffield also believes that blockchain abstraction in mainstream products will lead to more adoption.