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Aptos partners with Yellow Card for gas-free stablecoin transfers across Africa

2025-07-02 17:14:02

Aptos partners with Yellow Card for gas-free stablecoin transfers across Africa

Main Idea

Aptos partners with Yellow Card to enable gas-free stablecoin transfers across Sub-Saharan Africa, aiming to improve accessibility and reduce transaction costs for over 54 million crypto users in the region.

Key Points

1. Aptos collaborates with Yellow Card to offer cost-free, instant stablecoin transfers (USDT and USDC) across 20 African countries.

2. Sub-Saharan Africa has over 54 million crypto users, with seven countries ranking in the top ten for P2P cryptocurrency exchange volume.

3. The partnership leverages Yellow Card's financial network and Aptos' scalable Layer1 blockchain to facilitate cross-border transfers and everyday transactions.

4. Yellow Card's Director of Strategy highlights the goal of providing faster, more affordable stablecoin access for remittances and commerce.

5. Aptos has been actively upgrading its ecosystem, including the introduction of Shelby, a decentralized protocol, and its CEO joining the US CFTC.

Description

Aptos has been among the most active altcoin projects lately. Besides increased ETF conversations, it has upgraded its ecosystem by introducing Shelby, a decentralized protocol. Also, Aptos Labs CEO has joined the United States CFTC subcommittee to help shape digital asset regulations. In another groundbreaking move that underscores the project’s dedication to expanding adoption, Aptos Labs has teamed up with fintech firm Yellow Card. The collaboration aims to introduce gas-free and instant stab...

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Tags:
Altcoins Blockchain technology Crypto Crypto business DeFi Stablecoin Aptos
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--0.04%

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