Coinbase integrated Yellow Card’s payment rails, enabling Coinbase customers in Africa to more easily on and off-ramp between fiat and crypto, including USD Coin.
Cryptocurrency exchange Coinbase has partnered with Africa's Yellow Card to expand access to its products to 20 new African countries — with a focus on increasing USD Coin (USDC) stablecoin access.
“Our new partnership [...] will help usher in the future of money by giving millions of users access to USDC and fast, reliable, cheaper transactions on our decentralized, open L2 Base through both Coinbase and Yellow Card products,” Coinbase said in a Jan. 11 statement.
South Africa, Nigeria, Zimbabwe, Kenya and Ghana are the top five African countries adopting Bitcoin, according to BitcoinAfrica.io.