🚀 Yellow Card Secures $33 Million In Series C Funding Led By Blockchain Capital
#YellowCard #SeriesC #Funding #BlockchainCapital #Fintech #Africa #Stablecoins #Finance #Investment #OnRamp #OffRamp #Payments
According to Odaily, Pan-African fintech company Yellow Card has successfully raised $33 million in a Series C funding round, with Blockchain Capital leading the investment. Yellow Card is a prominent fintech firm in Africa, offering financial infrastructure based on stablecoins. As the continent's largest and first licensed stablecoin on/off-ramp platform, the company provides businesses of all sizes with a secure and cost-effective method to buy and sell currencies such as USDT, USDC, and PYUSD in local currencies. Transactions can be conducted directly or through its payment API.#YellowCard #SeriesC #Funding #BlockchainCapital #Fintech #Africa #Stablecoins #Finance #Investment #OnRamp #OffRamp #Payments
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🚀 Rain Expands Visa Card Platform to Support Solana, Tron, and Stellar Networks
#Rain #VisaCard #Solana #Tron #Stellar #Stablecoin #Blockchain #Payments #LatinAmerica #KAST #Offramp #Arbitrum #Optimism #Polygon #Funding #SOL #XLM #TRX
According to PANews, Rain, a stablecoin Visa card platform, has announced the addition of support for the Solana, Tron, and Stellar networks. This expansion enables projects based on these blockchains to swiftly issue their own branded Visa cards, facilitating global stablecoin transactions and payments. Solana's KAST and Tron's Offramp are among the first to adopt this platform, focusing on instant wallet spending and promoting dollar payments in Latin America, respectively. Previously, Rain supported Arbitrum, Optimism, and Polygon networks and completed a $24.5 million Series A funding round in March.#Rain #VisaCard #Solana #Tron #Stellar #Stablecoin #Blockchain #Payments #LatinAmerica #KAST #Offramp #Arbitrum #Optimism #Polygon #Funding #SOL #XLM #TRX
🚀 Launch of Institutional Stablecoin Off-Ramp by Borderless and Dfns
#InstitutionalStablecoin #Borderless #Dfns #OffRamp #Stablecoin #LiquidityProviders #FiatConversion #Stablecoin2_0 #CryptoInfrastructure #NS3AI
Borderless has announced a partnership with wallet infrastructure provider Dfns to introduce an institutional stablecoin off-ramp. According to NS3.AI, this new system is designed to route payouts through multiple liquidity providers, aiming to convert stablecoins into local fiat currencies more reliably. The initiative seeks to reduce reliance on a single vendor by utilizing a network-based approach. Institutions are transitioning from bundled 'Stablecoin 1.0' pilots to more modular 'Stablecoin 2.0' infrastructures, allowing them greater control over their internal processes.#InstitutionalStablecoin #Borderless #Dfns #OffRamp #Stablecoin #LiquidityProviders #FiatConversion #Stablecoin2_0 #CryptoInfrastructure #NS3AI