News Heat Trend
Project Overview
Yellow Card is a cryptocurrency exchange that offers the safest way to buy and sell Bitcoin with various payment options. You can also send, receive, and store your crypto with your Bitcoin wallet on Yellow Card.
Related news
Yellow Card completes $40 million strategic funding round with participation from SC Ventures and others
Odaily News: Yellow Card announced the completion of a $40 million strategic funding round, with participation from SC Ventures, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic investors. The project primarily provides stablecoin infrastructure, and the funds from this round will be used to expand its enterprise-facing end-to-end dollar accounts, Global USD Accounts, and to extend stablecoin rails connecting global markets.
Visa, M-Pesa, and Onafriq Launch Stablecoin Cross-Border Remittance Pilot in the Democratic Republic of the Congo
: Visa, M-Pesa, and Onafriq have launched a pilot project in the Democratic Republic of the Congo to settle cross-border mobile transactions using a stablecoin pegged to the US dollar. The pilot targets scenarios such as cross-border mobile wallet top-ups, international commercial transactions, and remittances. The World Bank estimates that the average cost of cross-border remittances in Sub-Saharan Africa is close to 8% of the transfer amount. Visa has previously partnered with African cryptocurrency exchange Yellow Card to explore stablecoin treasury management and international settlement services. (Bitcoin.com News).