Yellow Card Releases Report on Stablecoin Adoption as It Expands in Emerging Markets
Yellow Card, Africa’s leading stablecoin payments infrastructure provider, has published a new impact report detailing the role of stablecoins in reshaping the financial landscape unlocking new economic opportunities in Latin America, Southeast Asia, the Middle East, and Africa. The report highlights how digital assets have become a core part of the global financial landscape.
The report highlights a significant growth in the stablecoin market. In 2024 market cap grew by $73.5B to $161.2B. In May 2025, the market cap was around $230 billion. In the same year, the transaction value of stablecoins hit $15.6 trillion, roughly 119% and 200% that of Visa and Mastercard, respectively, with the number of transactions reaching 110 million monthly.
The rapid growth is particularly notable in ...