Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»Coinbase Seeks African Expansion Through Yellow Card Partnership
EXCHANGE NEWS

Coinbase Seeks African Expansion Through Yellow Card Partnership

By Crypto FlexsJanuary 12, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Coinbase Seeks African Expansion Through Yellow Card Partnership
Share
Facebook Twitter LinkedIn Pinterest Email

As Coinbase points out, fiat transfer fees can be as high as 3% to 6%. This partnership with Yellow Card will see users pay up to 2% per transaction.

One of the benefits of cryptocurrency and blockchain, concepts that break these barriers, is that they are accessible to people all over the world. Therefore, projects and companies in the blockchain space often serve an international audience with all kinds of needs. Now, Coinbase, one of the biggest companies in the blockchain space, has announced a new partnership with stablecoin exchange Yellow Card. This partnership is designed to help Coinbase expand into African markets and build a presence there.

Coinbase’s New Partnership

The partnership was officially announced on January 11, 2024, where Coinbase emphasized its commitment to serving people in emerging economies. As part of our efforts moving forward, we will be working with Yellow Card to launch our products in 20 African countries. These countries account for 52% of Africa’s population, and this partnership will “enable them to access USDC on Base with fast, reliable transactions at less than half the cost of fiat transfers.”

USDC tokens will be available for purchase through the Coinbase Wallet app starting in February. These tokens can be obtained more cheaply using Base, a layer 2 platform.

Additionally, you can send USDC fee-free on any platform of your choice just by using the link. Coinbase clarifies that this includes messaging apps such as WhatsApp, iMessage, and Telegram, as well as social media sites.

As Coinbase explains, having this kind of option for residents of these countries benefits them in several ways. First, many of these countries are experiencing high inflation rates and are reliant on remittances. Cryptocurrencies, including stablecoins, have been found to combat inflation and make the process of sending money easier. Users also end up paying less in terms of transfer fees. As Coinbase points out, fiat transfer fees can be as high as 3% to 6%. Through this partnership with Yellow Card, they will pay up to 2% on each transaction, which will help you save a lot of money.

There is also a commercial aspect. Small and medium-sized businesses are known to provide economic growth and jobs around the world, but businesses in Africa face very unique challenges. In particular, many people find it difficult to access dollar and euro accounts, which excludes them from international markets. But with this partnership, they can open these accounts in less than a minute.

Many of the countries where these services will be launched have already seen healthy cryptocurrency adoption rates, so these kinds of initiatives would be welcome. Along with this, there is a huge number of young people on the continent, and I think Coinbase will also make this project a success.

next

Blockchain news, cryptocurrency news, news

thank you!

You have successfully joined our subscriber list.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

Bitcoin Price Struggle $ 113K -Will Bulls take a break?

September 9, 2025
Add A Comment

Comments are closed.

Recent Posts

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025
Most Popular

NVIDIA’s project AETHER improves Apache Spark Efficiency

March 22, 2025

Trump borrows from the digital fashion playbook and goes phygital

December 13, 2023

How AI and Gaming Will Drive the Next Bull Market

September 27, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.