As Coinbase forges ahead with its strategic partnership to expand the use of USD Coin in Africa, it's worth noting some key financial metrics and expert insights that may influence the company's trajectory. The use of USDC in Africa through this partnership is expected to empower individuals and businesses by providing them with more control over their finances and the ability to engage in the global economy with fewer barriers. SAN FRANCISCO - Coinbase  NASDAQ COIN , a leading cryptocurrency exchange, has announced a strategic partnership with Yellow  OTC YELLQ  Card, a financial service provider in Africa, to expand the usage of the USD Coin  USDC  across 20 African countries, starting from February. By adopting USDC, a stablecoin pegged to the US dollar, the partnership aims to provide a more stable and cost-effective alternative for financial transactions.
Coinbase and Yellow Card partner to expand the use of USD Coin (USDC) in 20 African countries, providing a stable and cost-effective alternative for financial transactions.