Johannesburg — Mastercard and Yellow Card have announced a partnership to expand stablecoin-based payment solutions across Eastern Europe, the Middle East and Africa, including Kenya.
The two firms said they will explore the use of stablecoins in cross-border money transfers, business-to-business payments, digital loyalty programmes and treasury management.
The partnership will initially focus on markets including Kenya, Ghana, Nigeria, South Africa and the United Arab Emirates.
According to the…
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