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Visa Expands Stablecoin Reach in Europe, Middle East and Africa
AFRICA, JUN 18 – Visa and Yellow Card aim to reduce costs and speed up cross-border payments using stablecoins, with over $6 billion processed by Yellow Card since 2019, officials said.
- In 2025, Visa broadened its stablecoin settlement services throughout the CEMEA region and collaborated with Yellow Card, a prominent pan-African fintech platform, to advance cross-border payment solutions.
- This partnership emerged amid growing demand for stablecoins in Africa, driven by volatile currencies, regulatory progress, and the need for efficient financial infrastructure.
- Visa and Yellow Card aim to improve treasury functions, optimize liquidity handling, and facilitate quicker, more affordable transfers within Yellow Card’s licensed regions.
- Visa has processed more than $225 million in stablecoin transactions so far, with Chris Maurice expressing enthusiasm for developing innovative payment methods that offer enhanced security, efficiency, and transparency.
- These developments suggest stablecoins will become essential payment rails in emerging markets, offering new opportunities to address unbanked populations and currency instability in Africa.
41 Articles
41 Articles
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Visa Expands Stablecoin Reach in Europe, Middle East and Africa
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