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: ๐ณ๐ฌ Nigerian fintechs embrace blockchain for POS payments ๐ณ๐ฌ Zap Africa is rebuilding crypto trust in Nigeria โ while fighting to protect its name

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

Plus: ๐ฟ๐ฆ | Visa partners with VALR to issue cards in South Africa ๐ฟ๐ฆ | Blockchain offers Africa opportunities for environmental, social, and governance development โ Standard Bank

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

Plus: EMURGO Africa cuts a $250K check for blockchain-based carbon project check ๐ฐ | Angola wants to ban Bitcoin mining ๐จ

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