Yellow Card Teams Up with Stellar to Integrate USDC

Yellow Card’s collaboration with Stellar aims to revolutionize global payments and accelerate digital asset adoption.

Recently, Yellow Card, a prominent licensed on/off gateway for stablecoins in Africa, declared its intention to integrate the USDC stablecoin into the Stellar network.

By means of this integration, Yellow Card users will be able to transmit the stablecoin at lightning-fast velocities and with minimal transaction fees.

A statement issued on February 13 asserts that the collaboration between Yellow Card and Stellar represents a noteworthy achievement within digital assets and blockchain technology.

In addition, this partnership has the potential to accelerate the adoption of digital assets and revolutionize global payments, according to the statement.

Yellow Card’s partnership with Stellar was officially announced a little over a month after the disclosure of its partnership with Coinbase, a cryptocurrency exchange. This partnership allowed Coinbase to expand its product selection to twenty African nations.

Regarding the most recent partnership announcement made by his platform, the company’s co-founder and chief executive officer, Chris Maurice, stated:

“We are ecstatic to offer USDC on Stellar to our valued customers.”

Incentivizing Adoption: Yellow Card’s USDC Promotion

This innovation significantly advances the landscape of international payments by simplifying, expediting, and reducing the cost of accessing and utilizing digital dollars.

The gateway for stablecoins has declared that it will award five USDC stablecoins to customers who transmit a minimum of three USDC stablecoins through the Stellar network to encourage the use of this new feature.