Stablecoin payments provider Yellow Card has completed the acquisition of Brazilian virtual asset service provider GoMoney, marking its first direct operation in Brazil. The transaction amount was not disclosed. Founded in 2018 and headquartered in São Paulo, GoMoney will continue to operate as a wholly owned subsidiary under its founding team. The acquisition enables Yellow Card to offer local Brazilian real collection and payment services, including Pix transactions settled in stablecoins. GoMoney has applied for a virtual asset service provider license from the Central Bank of Brazil and continues operating under the transitional regime while the application is reviewed.