African Businesses Turning To Stablecoins For Faster Payments, Treasury Management – Expert

The group vice president of operations and managing director of Yellow Card Nigeria, Lasbery Oludimu, has said African companies are adopting stablecoins not as a crypto trade, but as infrastructure to solve payment and treasury challenges
Speaking at a media briefing in Lagos, Oludimu emphasised the growing recognition of stablecoins as more than just crypto products.
“They are becoming foundational infrastructure for businesses seeking efficient methods to manage funds, streamline payments, and engage in global commerce,” she stated.
She also announced a significant milestone for the organization, a $40 million strategic funding round that brings Yellow Card’s total equity financi...