Mastercard, Yellow Card Partner to Advance Stablecoin Payment in Emerging Markets
Emma Okonji
Mastercard and Yellow Card, a licenced stablecoin infrastructure provider operating across Africa and other emerging markets, have announced a strategic partnership to accelerate stablecoin-enabled payment innovation across Eastern Europe, the Middle East, and Africa (EEMEA), with plans for broader global expansion.
The partnership would focus on developing practical, compliant applications for stablecoin payments across four key verticals: cross-border remittances, B2B settlement, digital loyalty ecosystems, and treasury management. Both companies will work with banks, financial institutions, and regulatory stakeholders to pilot solutions designed to improve payment efficiency, reduce settlement friction, and lower costs for businesses and consumers.
Nigeria is one of the partnership’s initial focus markets, alongside Ghana, Kenya, South Africa, and the United Arab Emirates.
