US EditionVisa Expands Stablecoin Reach in Europe, Middle East and Africa
- Visa has broadened its stablecoin settlement services throughout the CEMEA region and established a strategic collaboration in 2025 with Yellow Card, a prominent pan-African fintech, to improve cross-border payment solutions.
- This expansion responds to Africa's growing stablecoin usage amid volatile currencies, limited banking in some areas, and increasing demand for faster, cost-effective digital payments.
- Founded in 2016, Yellow Card aims to leverage this collaboration to optimize treasury functions, strengthen liquidity oversight, and facilitate quicker cross-border transactions within one or more African countries this year.
- Visa has processed more than $225 million in stablecoin transactions through its client network so far, and Chris Maurice expressed enthusiasm about developing new technologies that could revolutionize the way payments are conducted.
- The collaboration indicates that stablecoins are set to play a crucial role as payment infrastructures in Africa and beyond, with Visa’s senior executive highlighting that by 2025, institutions involved in financial transactions must develop plans incorporating stablecoins.
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20 Articles
Stablecoins: A Financial Lifeline in Africa’s Inflation Crisis - Daily Trust
By Danny Oyekan, Founder, Blockfinex In most parts of Africa, inflation isn’t an academic concept, it’s a painful reality felt at every purchase. Nigeria’s naira plunged by around 40% in 2023, wiping out savings and straining households. In Zimbabwe, prices soar daily amid triple-digit inflation, and similar challenges ripple across the region. Faced with volatile currencies, Africans are increasingly turning to a surprising solution: stablecoin…
Visa Expands Stablecoin Reach in Europe, Middle East and Africa
Payment card giant Visa (V) has expanded its stablecoin capabilities across the Central and Eastern Europe, Middle East, and Africa (CEMEA) region, and has also formed a strategic partnership with African crypto exchange Yellow Card.Visa appears to be doubling down on stablecoins, which are fast becoming the new payment rails of the Internet, having last month invested in stablecoin-based payments firm BVNK.In 2023, Visa became one of the first …
Visa Expands Stablecoin Reach In Africa With Yellow Card Partnership
Visa enables 24/7 USDC settlement for CEMEA acquirers and issuers Yellow Card to pilot stablecoin services in Africa by end of 2025 Over $225M in stablecoin volume settled by Visa since 2023 Visa has expanded its stablecoin settlement capabilities in Central and Eastern Europe, the Middle East, and Africa (CEMEA). The company has also entered a strategic partnership with Yellow Card, a licensed African crypto exchange. The developments are part …
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