Yellow Card plans to roll out stablecoin payments with Visa in at least one African country this year amid a trend driven partly by limited access to US dollars. Credit card giant Visa has partnered with Yellow Card Financial, an African stablecoin payments provider, to accelerate the adoption of digital dollars across the continent, underscoring the growing synergy between traditional payment networks and cryptocurrency solutions. The two companies have signed an agreement to promote stablecoin use for cross-border payments in emerging markets where Yellow Card operates, Bloomberg reported Thursday. Yellow Card will launch stablecoin transactions with Visa in at least one African country this year, with additional rollouts expected in 2026. Chris Maurice, co-founder and CEO of Yellow Card, said the collaboration will focus on enhancing treasury operations, improving liquidity management and enabling more cost-effective money transfers. Read more
The Telegram founder will once again be allowed to travel to Dubai for a short period before returning to France, where his case is ongoing. Telegram founder Pavel Durov gained court approval to leave France for up to 14 days to travel to Dubai, United Arab Emirates, where the company is headquartered. Durov will be allowed to leave France on July 10 after having a travel request denied by French officials in May, according to French news outlet Le Monde. The executive had requested permission to travel to Oslo, Norway, to deliver a keynote address at the Human Rights Foundation’s Oslo Freedom Forum, which was presented remotely after French officials rejected his travel application. Read more
Shrinking liquid supply, persistent ETF demand, and strong technical factors could push ETH price above $4,000. Key takeaways: Spot ETH ETF net inflows totalled $861.3 million over the last two weeks. Total ETH staked and accumulated are at all-time highs. Read more
As Washington printed trillions, Bitcoin evolved into a global asset class, trusted by nations and corporations, amid growing US debt concerns. While Washington, DC printed trillions, Bitcoin mined block by block, quietly evolving from digital experiment to global asset class. As policymakers increased government spending and implemented stimulus measures, the US national debt surged to over $37 trillion, sparking worries about inflation, currency devaluation and long-term fiscal stability. Read more