USDC Access in Africa Enhanced Through Yellow Card's Integration with Circle Payments Network
In a groundbreaking move, stablecoin payment platform Yellow Card has joined forces with the Circle Payments Network (CPN), marking a significant leap forward in Africa's digital finance landscape. This partnership, announced in mid-July 2025, positions Yellow Card as a key USDC gateway for individuals and businesses on the African continent.
The collaboration between Yellow Card and CPN enables real-time Nigerian Naira (NGN) payouts, significantly improving cross-border settlements in Africa. This is achieved by leveraging USDC stablecoins, which allow for instant conversion of USDC into Naira, facilitating faster, cheaper, and more efficient domestic and cross-border payments for remittances, payroll, gig economy transactions, and trade finance across Nigeria.
Yellow Card, with its presence in over 20 countries and having processed over $6 billion in volumes, is no stranger to the digital finance world. This partnership with CPN aims to bridge the gap between traditional finance and decentralized protocols, tapping into Nigeria’s rapidly growing crypto market, which saw an estimated $125 billion in on-chain transactions from July 2023 to June 2024.
The integration supports greater financial inclusion and economic activity by enabling real-time stablecoin settlements within Africa’s largest economy, where remittances alone totaled $20 billion in 2024. Moreover, the partnership with Visa allows Yellow Card users to convert USDC into local fiat currencies, further enhancing accessibility.
The integration of Yellow Card into CPN also expands access to USDC across Africa, supporting use cases beyond Nigeria while expanding the network of partners—including banks, digital wallets, and payment providers—interconnected through CPN to enable seamless cross-border payments using stablecoins.
Despite regulatory scrutiny, including a recent warning from the Bank of Ghana, Yellow Card is moving forward with its initiatives. This partnership with Circle is part of Yellow Card's broader strategy for expansion and financial inclusion. The financial corridor for one of Africa's largest and most important markets, Nigeria, has been opened, making it accessible for businesses and individuals alike.
In summary, the integration of Yellow Card into CPN streamlines and accelerates Nigerian Naira payouts and cross-border settlements in Africa, offering a scalable digital finance infrastructure that lowers costs, enhances speed, and boosts financial inclusion via stablecoin technology. This collaboration is set to redefine the digital finance landscape in Africa, making it more inclusive, efficient, and accessible for all.
- The collaboration between Yellow Card and CPN, being part of a broader strategy for expansion, aims to leverage fintech technology to redefine Africa's digital finance landscape, particularly in Nigeria.
- With the integration into CPN, Yellow Card serves as a key gateway for individuals and businesses on the African continent, utilizing USDC stablecoins for real-time payouts and facilitating faster, cheaper, and more efficient domestic and cross-border payments.
- As Yellow Card continues to navigate regulatory scrutiny, the partnership with CPN expands access to USDC across Africa, supporting use cases beyond Nigeria, and fostering greater financial inclusion and economic activity through seamless cross-border settlements.
