World · Institutional · United States ·
Yellow Card raises $40 million to link banks to stablecoin processing
Yellow Card, a 10-year-old stablecoin payments platform, raised $40 million to expand its network connecting banks and financial institutions to stablecoin processing. The round brings total financing to over $120 million.
Why it matters for the crypto market
Bank-to-stablecoin infrastructure funding indicates continued institutional investment in bridging traditional banking and blockchain payments, though this is an incremental development in an established firm.
Source: CoinDesk
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