The stablecoin payments startup, Yellow Card, known for operating in 34 countries and helping millions access USDT and cross-border transfers, announced on October 29 that it is shutting down its retail app. The company says it is shifting its entire focus to enterprise clients, citing a “strategic refocus driven by increased B2B demand.”
For many Nigerian users who relied on Yellow Card for simple USDT transactions, remittances, and everyday crypto payments, the shutdown feels like the end of an era.
But the real questions everyone is asking are simple:
- Why is Yellow Card shutting down its retail service?
- What happens to user funds?
- And what is the best alternative app to switch to?
Why Is Yellow Card Shutting Down Its Retail App?
Yellow Card first broke the news in emails sent to customers on October 29, 2025, announcing that all retail services would wind down by December 31, 2025. But contrary to what many might assume, the company isn’t shutting down; it’s shifting direction.
Instead of serving everyday consumers, Yellow Card says it’s doubling down on the fast-growing demand from businesses. The company reports a surge in institutional use cases like cross-border stablecoin payment rails, treasury management tools, and liquidity infrastructure.
In an official statement, the company explained: “We are closing the Yellow Card mobile app as part of a strategic shift in our business. This decision allows us to fully focus on our core vision: providing institutional-grade stablecoin infrastructure for businesses across emerging markets.”
Yellow Card’s shift mirrors a broader trend in Africa’s crypto industry. Several exchanges and wallets, including Quidax and Busha, have begun focusing heavily on B2B payment infrastructure due to tightening regulations, higher compliance costs, volatile retail trading volumes, and more predictable revenue from business clients.
With its successful Visa partnership and expansion into Latin America and Asia, Yellow Card’s enterprise arm became the clear growth engine, prompting its complete retail exit.
Impact on Nigerian Crypto Users
For many Nigerians, the Yellow Card was a lifeline for:
- Easy USDT access
- Low-cost remittances
With the retail closure, users now face:
- The loss of a familiar platform
- Forced migration to a new app
- Reduced stablecoin options in Nigeria
- Increased need for trusted alternatives
This transition amplifies a significant shift in Africa’s crypto market: retail users are being left behind as companies chase institutional revenue.
Which makes the next question the most important.
The Best Yellow Card Alternative: Accrue
With Yellow Card’s retail shutdown, Nigerian users need a platform that is:
- Reliable
- Consumer-focused
- Easy to use
- Supports stablecoins
- Offers better financial tools
- Built for everyday people
The best app that checks all these boxes and more is Accrue. Accrue doesn’t just replace YellowCard. It expands what retail users can do.
Here’s what Accrue’s co-founder, Clinton Mbah, says: “Accrue allows users to do what they could with Yellow Card and more. You can pay or get paid across Africa and the US as well as buy and sell the top-performing cryptos,” He added, “You can also save and earn interest (up to 7% p.a), request US Bank Accounts and Virtual Dollar Cards, purchase airtime, eSIMs, & gift cards, as well as send free, instant payments to anyone on Accrue.”
Accrue Features That Make It the Best Yellow Card Replacement:
- Send and receive money across African countries and the US seamlessly
- Get a US Bank Account in your name
- Get a Virtual Dollar Card for online purchases (works on App Store, Alibaba, Shein, etc.)
- Earn interest of up to 7% annually on your savings
- Buy and sell USDT, BTC, ETH, and other cryptos
- Purchase airtime, eSIMs, and gift cards
- Strong security and compliance
- Beginner-friendly interface
In short, Accrue gives Nigerian users everything they had with Yellow Card, plus banking tools, savings, interest, and better global access.
It is the smoothest upgrade for anyone transitioning away from Yellow Card.
Conclusion
The move from Yellow Card to Accrue is seamless. Here are the steps for your migration:
- Withdraw your funds from Yellow Card before December 31, 2025
- Download the Accrue app
- Complete a quick verification
- Deposit your USDT or fiat to Accrue
- Enjoy saving, sending, and earning interest seamlessly
The whole process takes under 10 minutes. Accrue gives you everything Yellow Card offers, plus savings, interest, global transfers, virtual dollar cards, and more, making it the strongest and most future-proof alternative for users.
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I’ve lived many lives, but one lesson ties them all together: money is only as powerful as its utility. Through my work, I share stories about money and create guides for Africans who want to get the best out of theirs.