African payment giant Flutterwave announces Polygon as the default blockchain for cross-border payments

PANews reported on October 29 that Flutterwave, the largest payment infrastructure company in Africa, has officially selected Polygon as the default blockchain network for its new cross-border payment product. The two parties have reached a multi-year strategic partnership to promote the practical application of stablecoin payments in more than 30 African countries.

Flutterwave will first launch the Polygon-based payment solution for enterprise clients in 2025, and plans to expand to personal remittance services in the Send App by 2026. Polygon will support financial inclusion and stablecoin adoption in the African market with transaction fees of less than $0.01 per transaction and second-level confirmation speeds.