Thunes, a cross-border payment network, has announced a strategic partnership with Yellow Card to expand stablecoin-powered payments for businesses across emerging markets.
The collaboration will integrate Yellow Card’s stablecoin infrastructure into Thunes’ global payments network, enabling faster and more cost-efficient cross-border transactions for enterprises.
According to the announcement, the partnership will help businesses pay and get paid seamlessly while improving treasury and liquidity operations through digital asset settlement.
According to Thunes:
“Yellow Card will provide critical stablecoin infrastructure and expertise that enables Thunes to overcome traditional bottlenecks in global treasury using stablecoins.
Leveraging Yellow Card’s vast network across Latin America, Southeast Asia, and Africa empowers Thunes to execute payment flows at unprecedented speed, optimize liquidity on a global scale, and insulate its business from currency fluctuations, future-proofing its operations for the digital asset economy.”
Yellow Card currently provides stablecoin payment solutions across multiple African markets, aligning with Thunes’ mission to improve access to global payment rails.
The agreement with U.S-based Yellow Card follows Thunes’ expansion into the US market earlier this year when it obtained money transmission licenses in all 50 states to serve companies based there.
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PARTNERSHIP | Thunes Partners with Yellow Card to Expand Stablecoin Payments in Emerging Markets
Thunes, a cross-border payment network, has announced a strategic partnership with Yellow Card to expand stablecoin-powered payments for businesses across emerging markets.
The collaboration will integrate Yellow Card’s stablecoin infrastructure into Thunes’ global payments network, enabling faster and more cost-efficient cross-border transactions for enterprises.
According to the announcement, the partnership will help businesses pay and get paid seamlessly while improving treasury and liquidity operations through digital asset settlement.
According to Thunes:
“Yellow Card will provide critical stablecoin infrastructure and expertise that enables Thunes to overcome traditional bottlenecks in global treasury using stablecoins.
Leveraging Yellow Card’s vast network across Latin America, Southeast Asia, and Africa empowers Thunes to execute payment flows at unprecedented speed, optimize liquidity on a global scale, and insulate its business from currency fluctuations, future-proofing its operations for the digital asset economy.”
Yellow Card currently provides stablecoin payment solutions across multiple African markets, aligning with Thunes’ mission to improve access to global payment rails.
The agreement with U.S-based Yellow Card follows Thunes’ expansion into the US market earlier this year when it obtained money transmission licenses in all 50 states to serve companies based there.
Want to keep up with the latest news and updates on crypto in Emerging Markets?
Join our WhatsApp channel here.