The Payment Card Giant Visa (V) has expanded Stablecoin capabilities throughout the region of Central and Eastern Europe, the Middle East, and Africa (CEMEA), and also formed a strategic collaboration with the African Crypto Exchange Yellow Card.
Visa appears to be doubling the stablecoins, which quickly becomes the new Internet payment metal, with last month invested in a stablecoin -based stablecoin firm Bvnk.
In 2023, the visa became one of the first major payment networks to resolve transactions in the Circle’s USDC Stablecoin. To date, more than $ 225 million in Stablecoin volume has been fixed by visa to entire participating clients, according to a press release.
“In 2025, we believe that every institution that moves money will need stablecoin strategy,” said Godfrey Sullivan, senior vice president and product head and solution for the Cemea in a statement.
The Yellow Card Partnership will explore cross-border payment options, streaming treasury operations and enhancing liquidity management.
“Along with the visa, we are building a bridge between traditional finances and the future of money movement. We look forward to constantly changing new solutions that can change how money moves for safer, efficient, and transparent payment solutions,” said Chris Maurice, co-founder and Yellow Card CEO.
