Coinbase integrated Yellow Card’s payment rails, enabling Coinbase customers in Africa to more easily on and off-ramp between fiat and crypto, including USD Coin.

Cryptocurrency exchange Coinbase has partnered with Africa’s Yellow Card to expand access to its products to 20 African countries, focusing on increasing USD Coin tickers down stablecoin access.

“Our new partnership [...] will help usher in the future of money by giving millions of users access to USDC and fast, reliable, cheaper transactions on our decentralized, open L2 Base through both Coinbase and Yellow Card products,” Coinbase said in a Jan. 11 statement.

Yellow Card CEO Chris Maurice told Cointelegraph that the partnership involves Coinbase integrating Yellow Card’s payment rails in Africa so customers can on and off-ramp fiat to Bitcoin and USDC on Ethereum layer-2 rollup Base.

This will be accessible to African users via Coinbase Wallet, which recently implemented a new feature to make transfers via links from social media platforms like iMessage, Telegram, WhatsApp, Facebook and Instagram.

How do you see this partnership?