How VASPA Shapes Practical Regulatory Outcomes and Pan-African Collaboration: Kenya in Focus
A Crucial Call for Participation in a Survey from the Virtual Asset Service Providers Association (VASPA)

Category: Partner Tier Ecosystem Milestone
Focus: Capital-Efficient Cross-Border Settlement & Sovereign B2B Liquidity
Released By: The Secretariat, Virtual Asset Service Providers Association (VASPA)
For decades, international trade between the rapidly expanding markets of Africa and the Asia-Pacific (APAC) region has been held hostage by a silent capital drain: the pre-funding trap.
To facilitate cross-border corporate payments and remittances across fragmented traditional banking rails, financial institutions have historically been forced to leave massive amounts of working capital sitting idle globally in Nostro and Vostro accounts. This stationary capital exists purely to guarantee liquidity, locking up funds that could otherwise drive treasury optimization, localized credit facilities, or enterprise scaling.
Clearly, there is a need for structural engineering that eliminates this operational friction.
At VASPA, we are thrilled to showcase how one of our Partner Tier members is transforming this corridor from an outdated, capital-intensive model into a dynamic, always-on liquidity network.
Yellow Card has officially joined the Stable Alliance, a premier global industry consortium established by the OSL Group (HKEX: 863). This strategic integration introduces a highly coordinated approach to institutional money movement, pairing complementary infrastructure architectures to eliminate regional settlement fragmentation.
The operational core of this alliance relies on a clean division of technical capabilities:
Africa’s digital financial adoption is expanding rapidly, and its trade relationship with APAC remains strategic for continental growth. True economic independence requires infrastructure built for modern cross-border realities.
Yellow Card’s integration into the Stable Alliance represents the type of institutional maturity that the market will increasingly demand. It demonstrates how compliant, enterprise-grade virtual asset frameworks can solve structural macroeconomic problems, proving that Africa’s top Web3 innovators are entirely fundraising-ready and equipped to anchor global trade infrastructure.
We commend the Yellow Card team for setting a benchmark for operational excellence, trust, and structural competence across the digital economy in Africa.
The Virtual Asset Service Providers Association (VASPA) is a Pan-African industry body registered as an Incorporated Trustee with the Corporate Affairs Commission in Nigeria (CAC IT: 79069970) where it is headquartered. VASPA comprises individual, corporate, and institutional members from across Africa. For more information about us, please visit our website, www.vaspa.org. To become a Patron or Partner of VASPA, visit our Membership page: https://vaspa.org/become-a-member/. Individual and corporate members are also welcomed.
A Crucial Call for Participation in a Survey from the Virtual Asset Service Providers Association (VASPA)
ABUJA FCT, NIGERIA — July 27, 2026 — As stablecoins continue to solidify their position as the primary settlement engine for cross-border trade, remittances, and corporate liquidity across West Africa, the Virtual Asset Service Providers Association (VASPA) is proud to announce its full support and active participation in the Nigeria Stablecoin Summit (NSS) 2.0. Organized by the Africa Stablecoin Network (ASN) and convened by industry leader Nathaniel Luz, the summit will take place on Thursday, 30 July 2026, at the Oriental Hotel, Victoria Island, Lagos. VASPA’s endorsement underscores our commitment to fostering industry alignment, supporting ecosystem conveners, and advancing safe, compliant stablecoin rails across the continent. VASPA Leadership at NSS 2.0 To support ASN's vision of accelerating stablecoin adoption and regulatory clarity, VASPA’s executive leadership and policy team will be featured throughout the summit: Franklin Peters (Executive Chair, VASPA) will grace the summit as an official Special Guest, interfacing with capital allocators, banking executives, and ecosystem builders. Favour Uche (Assistant Lead, Policy & Regulatory Affairs Unit, VASPA) will be moderating a high-stakes panel session focusing on Stablecoin Regulation, AML/CFT Compliance, and Sovereign Monetary Alignment. Senator Ihenyen (Founding Trustee, VASPA) will attend as a VIP Delegate, bringing high-level policy and governance...
Founded in 2024, the Virtual Asset Service Providers Association (VASPA) is a Pan-African industry body registered as an Incorporated Trustee with the Corporate Affairs Commission in Nigeria (CAC IT: 79069970), comprising individual, corporate, and institutional members from across Africa. Join us to shape the future of virtual asset in Africa.