Yellow Card Expands Stablecoin Payments to Brazil With GoMoney Acquisition
By PYMNTS
AI summary of the source article
Stablecoin payments infrastructure provider Yellow Card has established direct operations in Brazil by acquiring Brazilian virtual asset provider GoMoney. Yellow Card completed the acquisition in October, and GoMoney has filed an application with the Banco Central.
Key facts
- Yellow Card acquired Brazilian virtual asset provider GoMoney in October.
- The acquisition established Yellow Card's direct operations in Brazil.
- GoMoney has filed an application with the Banco Central.
Source excerpt · PYMNTS
Global stablecoin payments infrastructure provider Yellow Card has established direct operations in Brazil by completing its acquisition of GoMoney, a virtual asset provider in Brazil, the company said in a Wednesday (Nov. 4) press release. Yellow Card completed the acquisition in October, according to the release. GoMoney has filed an application with the Banco Central […] The post Yellow Card Ex…