Stables, an Australian stablecoin payment startup, has ventured into the African market through a strategic collaboration with Yellow Card.
The collaboration between Stables and Yellow Card opens the door to seamless, cost-effective, and secure transactions for millions of users across 15 African countries to start, with many more to come.
Bernardo Bilotta, co-founder of Stables, is enthusiastic about the venture, recognising Africa as a vibrant market with immense scalability potential. “We see tremendous opportunity in Africa, driven by the growing demand for stablecoins. For us, this launch enables us to make a profound impact on the everyday lives of Africans and their financial health and options,”.
Chris Maurice, CEO and co-founder of Yellow Card, said, “Stables’ robust team and cutting-edge technology, together with Yellow Card’s innovative Payments API, will empower even more customers to access and utilise financial services more effectively.