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Yellow Card Completes $40M Strategic Equity Funding Round Aimed at Connecting Banks to Stablecoin Processing
This funding round saw participation from SC Ventures, the venture capital arm of Standard Chartered Bank, Sony Innovation Fund, Polychain Capital, and Blockchain Capital, among others. This capital brings Yellow Card's total funding to over $120 million since its inception in 2016. The funds will be used to expand its stablecoin payment infrastructure and to promote its Global USD Accounts product to Latin America and the Asia-Pacific region, helping banks leverage blockchain technology for cross-border USD liquidity.
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