According to Foresight News, Mastercard and African stablecoin infrastructure provider Yellow Card announced a strategic partnership to accelerate stablecoin payment innovation in Eastern Europe, the Middle East, and Africa (EEMEA), with plans for global expansion.
The collaboration will explore stablecoin applications in cross-border remittances, business-to-business settlements, digital loyalty ecosystems, and fund management. Both companies will work with banks, financial institutions, and regulators to implement secure, compliant stablecoin pilot solutions aimed at improving payment efficiency and reducing costs for businesses and consumers.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
NeoSoul and AllScale Announce Strategic Partnership on Agent Credit and Stablecoin Settlement Today
According to ChainCatcher, AI Agent Economy project NeoSoul announced a strategic partnership with AllScale today (May 7) to explore credit formation and stablecoin settlement mechanisms for autonomous Agent collaboration. The partnership will focus on automating payment flows between Agents—such
GateNews4m ago
Chainlink, Apex Group, Bluprynt and Hacken Complete Embedded Compliance Pilot with Bermuda on May 7
According to FinanceFeeds, on May 7, Chainlink, Apex Group, Bluprynt and Hacken completed an embedded compliance pilot with Bermuda's Financial Authority, embedding regulatory requirements directly into blockchain infrastructure for real-time execution. Non-compliant transactions are blocked
GateNews1h ago
Taurus Secures MiFID Licence to Operate Across All 27 EU Jurisdictions
Taurus has secured a MiFID investment firm licence through its Cyprus-based subsidiary Taurus Europe Ltd, allowing the digital asset infrastructure provider to deliver regulated investment services across all 27 European Union jurisdictions. The approval was granted by the Cyprus Securities and
GateNews2h ago
Financial Supervisory Commission 5/7: VASP bill sent to the Legislative Yuan; 5 banks approve custody of virtual assets; Bank of Taiwan completes a gold token pilot program
The Financial Supervisory Commission’s 5/7 report shows that the VASP Act draft was approved on 4/2 and submitted to the Legislative Yuan. Stablecoins must be permitted, backed by fully reserved assets, must not pay interest, and require regular disclosures. The pilot approval for virtual asset custody has authorized 5 banks, and 8 banks have completed inter-bank gold token clearing. RWA tokenization has completed concept validation in bonds and funds, with a gold clearing proof-of-concept implemented, and it is also advancing FinLLM, post-quantum cryptography, and AI governance.
ChainNewsAbmedia3h ago
Cardano Expands in Brazil as Pyth Pro Goes Live
According to the Cardano Foundation and University of Brasilia, the two organizations announced a strategic partnership on May 6 aimed at advancing blockchain research and real-world applications across Latin America. The collaboration will establish the first Cardano project development
GateNews3h ago
New York Bank expands its “digital assets” business to the UAE, offering BTC and ETH custody services
According to an official press release issued by Bank of New York (BNY) on May 7, the global largest custodian bank, which manages about $59 trillion in assets, announced that it will partner with local partners Finstreet and the ADI Foundation to set up a regulated digital asset infrastructure at the Abu Dhabi Global Market (ADGM), initially focusing on institutional custody services for Bitcoin (BTC) and Ethereum (ETH).
MarketWhisper3h ago
