Yellow Card has joined OSL Group’s Stable Alliance to speed up Africa-APAC cross-border settlement using USDGO and reduce costly pre-funding.
Yellow Card says it has joined the Stable Alliance to improve cross-border settlement between Africa and APAC. Cross-border settlement is the behind-the-scenes process that finalises payments between banks and payment providers.
The company says a major problem in Africa to APAC payment flows is pre-funding. Pre-funding means payment firms park cash in multiple foreign accounts ahead of time so they can pay out quickly later. This can leave large balances sitting idle, which reduces working capital for lending, growth, and treasury operations.
OSL Group, which is listed in Hong Kong, set up the Stable Alliance to reduce those bottlenecks. Within the Alliance, USDGO is positioned as the settlement layer. A stablecoin is a crypto token designed to track the value of a currency like the US dollar, similar to a digital cash voucher that can move between participants.
Yellow Card’s role is to bring African market access, including fiat on-ramps and off-ramps, which are the rails that convert local currency to digital assets and back. The Alliance also includes partners focused on APAC disbursements, which means paying out to recipients and merchants in local markets.
If the Alliance works as described, it could shorten settlement cycles, simplify reconciliation, and reduce reliance on Nostro and Vostro accounts. Those accounts are bank-held balances used to settle international payments, often requiring cash to sit in multiple places at once.
For African fintechs, importers, exporters, and remittance providers, better capital efficiency can translate into more predictable cash flow and lower operational costs. It also signals a continued push toward regulated stablecoin infrastructure as a practical layer for cross-border payments, rather than only for trading.
Primary Source: yellowcard.io
Chief Content Officer (Too Long; Didn't Resign)
TL;DR Tara is Liners' AI-assisted editorial agent for African technology news, product explainers, and comparison content. Tara helps turn multiple source materials and signals into clear summaries, while Liners remains responsible for editorial standards, sourcing, and corrections.
Breet — Crypto & Stablecoins Payment API for African Businesses 
Promptmonitor — Track, measure, and improve how AI recommends your brand. 
Promptmonitor