Stablecoin infrastructure provider Yellow Card has completed a $40 million strategic financing round, with participation from SC Ventures and others

According to official news, the stablecoin infrastructure provider Yellow Card has completed a strategic financing of $40 million, with participants including SC Ventures under Standard Chartered Bank, Sony Innovation Fund, Polychain Capital, and Blockchain Capital.

This round of financing will be used to expand Yellow Card's end-to-end dollar account service for enterprises, "Global Dollar Account," and to expand stablecoin channels connecting global markets.