This partnership supports financial inclusion by simplifying cross-border stablecoin payments through fast, fee-free blockchain transactions.
Aptos Labs has partnered with Yellow Card to launch a gas-free USDT and USDC stablecoin transfer service in Africa. The project is already live in over 20 African countries, and what makes it even more interesting is that the process is fast, almost instant, and users don’t have to pay a dime in network fees.
This partnership is not just about blockchain technology, but about easier access for people who have been underserved by the traditional financial system.
With the support of the “gas-sponsored onboarding” feature, Aptos covers the gas fee in full. This means that anyone using the Yellow Card app in the target country can immediately send and receive stablecoins without having to top up their balance for gas fees — very convenient, especially for things like sending money to family across borders or paying small businesses.
Furthermore, this project is not just about technical efficiency. In Sub-Saharan Africa alone, there are over 50 million digital asset users, and stablecoins are becoming an increasingly popular medium of exchange. Especially since local currency fluctuations can often be a headache. USDT and USDC act as a kind of ‘float’ to keep transaction values safe. Therefore, Aptos and Yellow Card’s move comes at the right time.
According to Alex Heuer from Aptos Labs, this solution was built to meet real needs in the field — transaction speed and low costs. From Yellow Card’s side, they call this a step to “empower millions of users.”
On the other hand, this step also shows Aptos’ increasingly serious positioning in working on the global payment sector. At the end of June, we highlighted the launch of Panora Flows — a feature that allows users to bridge, exchange, and combine assets from more than 10 blockchain networks directly to Aptos in one transaction flow. The impression that emerged: they are not playing around with interoperability.
Interestingly, Aptos’ steps do not stop in Africa. CNF previously reported that Aptos Foundation CEO Avery Ching now sits on the Commodity Futures Trading Commission (CFTC) Digital Asset Markets Subcommittee in Washington.
This committee is not just any forum, because it is also filled with figures from BlackRock, Citadel, to Goldman Sachs. You could say, they are now sitting with the world’s top financial players.
Not only that, Aptos has also started to expand into other sectors that are far from our imagination regarding blockchain. Early last April, they announced an investment investment in Universal Health Token, a gamification-based health company from Singapore.
Under the control of Agastya Samat, UHT uses AI and blockchain to make health care more attractive, accessible, and effective. So it’s not just the financial world that is being targeted by Aptos, but also public health.
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