Coinbase Partners With Yellow Card To Bring The Future Of Money To Africa
Coinbase Partners With Yellow Card To Bring The Future Of Money To Africa. Coinbase is expanding access to its products in Africa, starting with 20 countries across the continent. The company’s new partnership with leading African stablecoin exchange Yellow Card will help usher in the future of money by giving millions of users access to USDC and fast, reliable, cheaper transactions on its decentralized, open L2 Base through both Coinbase and Yellow Card products.
The future of money is here, including in parts of the world with particular needs for faster, cheaper, more accessible ways to transfer value. Coinbase is expanding access to its products in emerging economies, through the company’s new partnership with Yellow Card, one of Africa’s leading stablecoin exchanges and a Coinbase Ventures portfolio company, millions of users will gain access to USDC on Base with fast, reliable transactions at fees of less than half the cost of fiat transfers.
This initiative and similar, coming alliances are the latest step in Coinbase’s “Go Broad, Go Deep” strategy of compliant international expansion – building a runway of clear rules and partnerships to support innovation and help bring more than 1 billion people into crypto. “Go Broad” partnerships help ease its entry into markets with low economic freedom. This approach complements its “Go Deep” close engagement with local payments regulators in more mature markets.
Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, it offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy.
