- Flutterwave has partnered with Polygon to enable fast, low-cost stablecoin payments.
- Pilot is scheduled to start before the end of 2025, expanding to consumers via the Send App in 2026.
- Verified merchants will benefit first, ensuring compliance and smooth adoption.
Flutterwave, one of Africa’s largest financial infrastructure providers, has announced a partnership with Polygon Labs to leverage blockchain technology for cross-border payments.
Fresh off the thrill of @money2020, we’re teaming up with @0xPolygon to make cross-border payments faster, cheaper & more accessible than ever!
With Polygon Proof of Stake (PoS) powering our new solution, businesses and individuals will soon be able to move money across borders… pic.twitter.com/7vmr88zy8e
— Flutterwave (@theflutterwave) October 30, 2025
Stablecoins at the heart of the partnership
Under the multi-year collaboration, Polygon will become Flutterwave’s default blockchain network, powering a new cross-border payments product designed around stablecoins.
These digital currencies, pegged to traditional fiat currencies like the US dollar, are expected to streamline international payments by reducing the inefficiencies that have long plagued Africa’s $2 trillion cross-border market.
For many businesses, settlement can take several days, and fees often exceed 8%, creating significant operational challenges.
Flutterwave plans to pilot the new system in 2025 with a select group of verified merchants, before rolling it out more broadly to enterprises and consumers through its Send App in 2026.
The initial rollout will prioritise global corporations such as Uber and Audiomack, which already rely on Flutterwave’s existing payment infrastructure, while subsequent phases aim to bring the benefits of blockchain-powered stablecoins to millions of everyday users.
The partnership also positions Africa alongside other regions where Polygon is already enabling major fintech innovations, including Europe and Asia.
With over a hundred fintech companies globally using Polygon to move money efficiently, Flutterwave’s adoption of the network demonstrates the continent’s growing embrace of blockchain technology for real-world commerce.
For Flutterwave, this initiative represents more than a technological upgrade; it…