Tranzmit integrates Yellow Card API to speed USA-Nigeria transfers
Tranzmit Payment Services has integrated Yellow Card's payments API to enable stablecoin-based settlement on its USA-to-Nigeria corridor, giving Tranzmit a direct path to move funds between dollar-pegged stablecoins and local currency. The integration is intended to speed transactions, improve exchange-rate predictability and increase the amount customers receive, while reducing reliance on traditional correspondent banking channels that can add intermediaries, foreign-exchange costs and settlement delays. Yellow Card says its infrastructure supports more than 50 currencies and serves clients including Visa and Western Union, positioning the partnership as a test case for broader stablecoin settlement adoption.
Tranzmit can now settle USA-Nigeria payments via Yellow Card stablecoins.
Context
Fintech firms are moving to stablecoins to cut settlement costs and delays. This integration follows that trend and targets a fast-growing USA-to-Nigeria route. If successful, it could encourage similar corridors to adopt stablecoin…
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