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Yellow Card, Fireblocks Partner to Streamline African Cross-Border Payments

source-logo  news.bitcoin.com  + 1 more 23 August 2024 10:39, UTC

Yellow Card, a leading stablecoin platform, has partnered with Fireblocks, a digital asset infrastructure provider, to improve cross-border transactions in Africa. By leveraging Fireblocks’ technology, Yellow Card aims to provide secure and efficient on-chain solutions for businesses and individuals. This includes using Fireblocks’ Wallets-as-a-Service (WaaS) to manage and protect customer assets. This partnership addresses the challenges faced by multinational corporate treasuries in Africa, such as regulatory compliance, currency volatility, and inefficient legacy banking systems. Yellow Card and Fireblocks believe that their combined efforts will transform cross-border transactions and drive economic growth in Africa.

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