Chris Maurice of Yellow Card Explains Stablecoin Adoption In Africa and Emerging Markets

In this episode Rachel speaks with Chris Maurice, Co-Founder and Chief Executive Officer of Yellow Card.

Chris shares his journey in creating a platform that facilitates stablecoin transactions across Africa. He discusses the challenges of high remittance fees, the role of stablecoins in providing financial access, and the impact of Yellow Card on businesses and individuals.

Chris emphasizes the importance of education and regulatory compliance in the crypto space, as well as the engagement of Africa's youth in driving the adoption of this technology. He also shares real-world use cases of how Yellow Card has transformed lives and businesses.

This week's guest(s):

Chris Maurice, Yellow Card’s Co-Founder and Chief Executive Officer, is an American founder who has spent six years living and working in Africa, making significant contributions to the continent’s financial services industry. 

In 2016, Chris started Yellow Card from his dorm room in Auburn, Alabama, before moving the company to Lagos, Nigeria, and launching the mobile app in 2019. Today, Yellow Card is the largest crypto company on the African continent. In 2022, it became the first licensed virtual asset service provider on the continent. 

Yellow Card has facilitated over $3 billion in transactions, grown to over 250 employees across 20 countries, and launched full on-and-off ramps for local fiat currencies in 20 African countries. 

Chris graduated from Auburn University with a degree in Finance. Chris was featured on the Forbes 30 Under 30 List (2023) in the "Finance" and "Big Money Startups" categories.

Show sponsors & production team:

This episode has been made possible by Scroll. Scroll is the leading zero-knowledge rollup. Designed by developers, for developers, Scroll’s bytecode-level compatibility makes building on it just like building on Ethereum. Open-source and community-driven from day one, Scroll’s developer ecosystem is the fastest-growing among zk-rollups, with over 2,400 active developers monthly and globally. Committed to shaping a more scalable web3, Scroll is the future of Ethereum.

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