Tranzmit Payment Services, the payments subsidiary of U.S.-based Tranzmit Corporation, has integrated Yellow Card’s Payments API to accelerate cross-border money flows between the United States and Nigeria, as fintech companies increasingly turn to stablecoins to reduce the cost and delays associated with traditional settlement channels.
The partnership targets Tranzmit’s USA-to-Nigeria corridor, which the companies described as one of its largest and fastest-growing routes. The integration gives Tranzmit a direct settlement path into Nigeria using Yellow Card’s stablecoin infrastructure, allowing the company to move funds between U.S. dollar-pegged stablecoins and local currency.
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Stablecoins are digital assets designed to maintain a relatively stable value by being pegged to an asset such as the U.S. dollar. In this case, the technology is being used as a settlement layer rather than simply as a cryptocurrency investment, allowing Tranzmit to move dollars across borders before converting them into local currency.
The move could put additional pressure on traditional correspondent banking channels, which cross-border payment companies have historically relied on to move money between countries. Such channels can involve multiple intermediaries, foreign-exchange costs and settlement delays, particularly in emerging markets where access to dollars can be constrained.
With Yellow Card’s API integrated into its payment infrastructure, Tranzmit can use a stablecoin-based route to settle transactions and convert between dollar-pegged digital assets and local currencies. The companies said the arrangement is expected to improve transaction speed, exchange-rate predictability and the amount ultimately received by customers.
“What this integration does is give Tranzmit’s operations in emerging markets a significant upgrade, replacing the friction and unpredictability of legacy settlement with something that is fast, transparent, and purpose-built for the markets their customers care about most,” said Chris Maurice, co-founder and chief executive officer of Yellow Card.
Daniel Asturias, CEO of Tranzmit, said the company was focused on making international transfers simpler, smarter, and more seamless through fintech technology.
“At Tranzmit, we’re transforming the way money moves, making transfers simpler, smarter, and more seamless through innovative fintech technology. We empower businesses and people to move money with confidence, speed, and ease,” Asturias affirmed.
The partnership also represents a broader push by Yellow Card to position its infrastructure as a settlement backbone for international payment companies operating across emerging markets.
Yellow Card says its infrastructure supports more than 50 currencies and enables banks, fintech companies and multinational businesses to access U.S. dollars, manage treasury operations and move money across borders. The company counts Visa and Western Union among its customers.
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For Nigeria, the partnership comes as demand for faster and more efficient cross-border payment infrastructure continues to grow. The country remains one of Africa’s largest remittance and international payment markets, while businesses and individuals face persistent foreign-exchange and settlement challenges.
The USA-Nigeria corridor could therefore serve as a test case for whether stablecoin-based settlement can move beyond crypto-native users and become part of the mainstream infrastructure used by established money-transfer and payments companies.
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