Nigeria's Stablecoin Rails Get $40M Boost as NGX Fights for Local Fintech Listings

Yellow Card, the stablecoin infrastructure provider with deep roots in Nigeria, just closed a $40 million strategic funding round to supercharge its global expansion. The round was led by SC Ventures and Sony Innovation Fund, bringing the company's total financing to over $120 million. The capital will scale Global USD Accounts, Yellow Card's end-to-end dollar account for businesses, allowing them to hold USD, swap stablecoins, and move value across 50+ countries....