Coinbase Partners with Yellow Card for Crypto Adoption in Africa

Coinbase has announced a strategic partnership with Yellow Card, a leading stablecoin exchange in Africa, to enhance access to cryptocurrency in the continent. The collaboration aims to provide users in 20 African countries with easy access to USDC, facilitating faster and more cost-effective transactions through Coinbase and Yellow Card products. This move is particularly significant in regions with high inflation rates and heavy reliance on remittances, offering economic freedom and protection from currency volatility. The partnership is expected to benefit small and medium enterprises (SMEs) in African and other emerging economies, allowing them swift access to the global financial system. This initiative aligns with Coinbase’s broader vision of global expansion and increasing cryptocurrency adoption. (Source: Coinbase)