Yellow Card, a licensed stablecoin payments provider operating across Africa and other emerging markets, has entered into a partnership with Visa.

The collaboration aims to support innovation in cross-border payments and financial infrastructure in regions where Yellow Card is active.

Under the agreement, Yellow Card and Visa will explore use cases for stablecoins, with a focus on streamlining treasury operations, improving liquidity management, and enabling quicker and more cost-efficient cross-border transactions.

“Traditional payment companies continue to question not ‘if’ they need a stablecoin strategy, but how quickly they can deploy one,”

said Chris Maurice, Co-Founder and CEO of Yellow Card.

“We are thrilled to partner with Visa to help realise the potential of stablecoins technology in emerging economies.”

Godfrey Sullivan, Senior Vice President and Head of Product and Solution for CEMEA at Visa, added:

“As more players in the payments ecosystem explore this powerful new technology, Visa stands ready to help our partners navigate the transformation, bringing the scale, trust and innovation needed to help build the next generation of global payments.”

Yellow Card currently operates in over 20 African countries, offering stablecoin products to consumers, businesses, and developers.

The partnership reinforces its role as a financial infrastructure provider in emerging markets.

Featured image credit: Yellow Card