PANews reported on April 30 that OSL Group, a global stablecoin payment and trading platform, announced a partnership between its USD-compliant enterprise-grade stablecoin USDGO and Yellow Card, an emerging market stablecoin payment infrastructure company. USDGO will serve as a medium for cross-border transfers and in-transit fund management, working with Yellow Card to expand its circulation and application in emerging markets, including Africa.

OSL Group's B2B stablecoin cross-border payment solution, OSL BizPay, will also collaborate with Yellow Card to create synergy and complementarity in market coverage, further consolidating the construction of a global stablecoin cross-border payment network.

At the same time, Yellow Card will also join the global stablecoin industry alliance, Stable Alliance, becoming its first emerging market partner. As an open industry alliance initiated by the OSL Group and composed of various business institutions, Stable Alliance aims to strengthen the global stablecoin industry ecosystem, promote the release of on-chain value, and empower the real economy.