Yellow Card, a US-headquartered stablecoin payments orchestrator, has raised $40 million in strategic funding. The company provides infrastructure that lets banks, financial institutions, and businesses access, store, send, and manage stablecoins across USD and 50+ local currencies in 190+ countries. The capital will scale Global USD Accounts and extend stablecoin rails into Latin America and Asia-Pacific.
Institutional Capital Validates B2B Rails
The timing aligns with broader institutional moves into stablecoin settlement. SC Ventures, Sony Innovation Fund, Polychain Capital, and Blockchain Capital participated. Yellow Card has now raised more than $120 million total. The round signals that traditional financial players see stablecoins as core infrastructure rather than speculative assets.
Legacy Fees Create Persistent Friction
Cross-border payments remain expensive and slow for businesses in emerging markets. The company's founders started the business after witnessing a $90 fee on a $200 transfer from the US to Nigeria. Current solutions rely on correspondent banking that adds cost, delay, and friction, especially where FX shortages affect 70 percent of African countries.
Pure-Play Stablecoin Infrastructure
Yellow Card built its platform from the ground up around stablecoin rails rather than layering them onto existing payments systems. It offers digital asset infrastructure, fiat settlement in 50+ currencies, Global USD Accounts, and enterprise compliance tools including sanctions screening and Travel Rule support. The approach differs from broader fintechs that treat stablecoins as an add-on feature.
"The very near future state for this industry is one where payments flow directly between banks onchain, without B2B payments companies or other payment service companies in the flow at all."
Strategic Investors Signal Sector Conviction
SC Ventures and Sony Innovation Fund bring both capital and distribution reach. Their participation validates Yellow Card's regulatory licenses across 22 jurisdictions and its $10 billion-plus in cumulative transaction volume. The investors are backing a shift away from retail crypto toward enterprise-grade settlement rails.
Cross-Border Market Expands Rapidly
The cross-border payments market reached $238.14 billion in 2026 and is projected to grow at 7.1 percent CAGR through 2031. Stablecoin adjusted transaction volume hit $28 trillion in 2025. Yellow Card's focus on local liquidity in 60+ countries positions it to capture flows that legacy rails struggle to serve efficiently.
Expansion Plans Target New Regions
With deployments already active across Africa, the company will use the funding to add stablecoin and local payment options in Latin America and Asia-Pacific. It is also scaling Global USD Accounts, which combine traditional banking endpoints with stablecoin on/off ramps for enterprise treasury teams.