Circle and Yellow Card Launch Naira Payouts in Nigeria

TheCryptoTimes發佈於 2025-07-30更新於 2025-07-30

Circle has teamed up with Yellow Card, an Africa-based crypto exchange, to launch a Naira payout so that Nigerians can receive payments in Naira through the Circle Payments Network (CPN). According to the announcement, Yellow Card is facilitating these payouts.

With this update, users and businesses in Nigeria can now enjoy faster and cheaper local payments. According to Circle’s tweet, possible uses include “remittances, payroll, gig economy payments, and trade finance.”

The payouts work by converting USDC, Circle’s dollar-backed stablecoin, directly into Naira through Yellow Card. When a business or individual sends USDC using CPN, Yellow Card receives the stablecoin and instantly converts it to Naira, which is then delivered to the recipient. 

This is coming just months after Yellow Card joined 25 other payment platforms as part of Circle Payments Network. The network brings together banks, digital wallets, payment service providers, and virtual asset platforms to enable real-time, cross-border payments using stablecoins.

According to Circle, “CPN marks the next chapter in Circle’s evolution, extending beyond trusted stablecoins and developer platforms to power a globally connected payments network.” 

Yellow Card’s inclusion in the network means Nigerians can now receive digital payments in Naira quickly, safely, and without relying on slow traditional systems. 

Other partners in the Circle Payments Network include companies like Onafriq, Zepz, CoinMENA, dLocal, Triple-A, and Alfred Pay. These platforms work together to connect different financial systems across the world, making it easier to move money across borders.

Also Read: FIS Partners With Circle to Bring Stablecoin Payments to U.S. Banks



你可能也喜歡

80 亿美元估值,8 个月涨 2 倍!加密友好银行 Erebor Bank 凭什么?

加密友好银行Erebor Bank正寻求新一轮融资,目标估值达80亿美元,较去年12月的43.5亿美元估值上涨近一倍。其估值飙升主要得益于存款规模的快速增长——从3月底的11亿美元激增至约40.5亿美元,一个季度内增长近四倍,并新增近400家客户。 Erebor由Palmer Luckey(Oculus VR和国防科技公司Anduril创始人)发起,并获得Peter Thiel等知名投资人支持。银行核心团队拥有深厚的金融与加密合规背景。与许多金融科技公司不同,Erebor选择自主获取全国性银行牌照(OCC),以独立开展业务并计划深度融合加密服务,如稳定币的存取、铸造与赎回,并已支持Sui网络。 银行定位是填补硅谷银行倒闭后留下的市场空白,专注于服务持有非传统资产(如国防合约、AI硬件、数字代币)的新创科技公司、先进制造业企业等,提供设备融资、信贷及24/7的结算服务。 尽管增长迅速,Erebor目前仍处于投入期,首季录得净亏损。同时,其业务模式也面临诸多挑战,包括客户群集中度高风险、加密市场关联风险、监管政策未来可能转向的风险,以及其商业模式尚未被完全验证的执行风险。市场正密切关注这家融合了传统银行、加密资产与产业政策的“高调实验”能否成功。

链捕手4 小時前

80 亿美元估值,8 个月涨 2 倍!加密友好银行 Erebor Bank 凭什么?

链捕手4 小時前

交易

現貨
活动图片