PR Newswire reported that global payment company Mastercard and African stablecoin exchange Yellow Card have formed a strategic partnership to innovate stablecoin payments in the Eastern Europe, Middle East, and Africa (EEMEA) region. The two companies plan to drive stablecoin payment innovation in four key areas: cross-border transfers, B2B settlements, digital loyalty ecosystems, and financial management, and will collaborate with banks and regulatory authorities to implement compliant stablecoin pilot solutions.