USDGO and Yellow Card have partnered to expand stablecoin payment applications in the African market.

CoinFeed reported on April 30th that OSL Group, a global stablecoin payment and trading platform, announced a partnership between its USD-compliant enterprise-grade stablecoin USDGO and Yellow Card, an emerging market stablecoin payment infrastructure company. USDGO will serve as a medium for cross-border transfers and in-transit fund management, working with Yellow Card to expand its circulation and application in emerging markets, including Africa. OSL Group's B2B stablecoin cross-border payment solution, OSL BizPay, will also partner with Yellow Card, creating synergy in market coverage and further strengthening its global stablecoin cross-border payment network. Simultaneously, Yellow Card will join the global stablecoin industry alliance, Stable Alliance, becoming its first emerging market partner.