By Naija247news Business Desk
Lagos, Oct. 30, 2025
In what industry experts are calling the largest real-world stablecoin deployment in emerging markets, Flutterwave, Africa’s biggest payments infrastructure company, has entered a multi-year partnership with Polygon Labs to power instant, low-cost payments across more than 30 African countries.
The landmark deal will see Polygon PoS, the blockchain network known for real-world asset (RWA) tokenization and high-speed financial transactions, become Flutterwave’s default blockchain for its cross-border payments ecosystem—connecting global corporations like Uber and Audiomack to Africa’s growing digital economy.
The rollout, which begins in 2025 with select Flutterwave for Business clients, is expected to go fully live in 2026—transforming remittance flows, B2B settlements, and international payments across the continent.
⸻
Transforming Africa’s $2 Trillion Payments Corridor
Flutterwave, which has processed over $40 billion in transaction volume to date, said the integration of Polygon’s infrastructure will address persistent pain points in Africa’s $2 trillion cross-border payments corridor—where settlement delays, high fees, and currency restrictions continue to undermine trade and financial inclusion.
According to Flutterwave Founder and CEO Olugbenga “GB” Agboola, the partnership will make international payments simpler and cheaper than many local transactions.
“Businesses in emerging economies process billions in cross-border payments annually, yet still face high costs and slow settlement times,” Agboola said. “By partnering with Polygon, we’re introducing a solution that makes international payments even more simple and affordable than many local ones. This revolution will unlock new economic opportunities across the continent.”
The integration will enable corporations and SMEs to settle transactions in seconds rather than days, while slashing transaction costs from double-digit percentages to fractions of a cent using stablecoins.
⸻
Stablecoins as the New Cross-Border Rails
For Marc Boiron, CEO of Polygon Labs, the move represents a critical milestone in the evolution of blockchain-based financial infrastructure.
“Thriving African businesses lose revenue each year to slow, expensive cross-border payments,” Boiron said. “Flutterwave saw what we see: stablecoins on Polygon can advance settlement times from days to seconds, and high fees into pennies. It’s a massive vote of confidence in stablecoins as the future of cross-border payments.”
By leveraging Polygon’s sub-$0.01 transaction fees and near-instant settlement, Flutterwave plans to offer global clients—from multinationals to individual remittance users—faster, cheaper, and more transparent payment options.
The first phase of the partnership targets enterprise clients, enabling stablecoin-based B2B settlements for international corporations. The second phase will expand to consumer remittances through the Flutterwave Send App, extending instant payments to millions across Africa’s diaspora network.
⸻
A Blueprint for Emerging Market Fintech
The partnership underscores how blockchain technology is increasingly solving real-world financial infrastructure challenges in Africa—where local banking systems often lag behind digital innovation.
Flutterwave currently operates in 30+ African markets, supporting 150+ currencies and linking businesses to payment gateways that span mobile money, bank transfers, cards, and digital wallets.
Polygon’s selection follows a string of high-profile institutional integrations, including BlackRock’s BUIDL Fund tokenization via Securitize (over $1B AUM), half of all USDC transfers in the $100–$1,000 range in the U.S., and Polymarket, which recently secured a $2 billion investment from Intercontinental Exchange (ICE), valuing the platform at $8 billion.
Together, Flutterwave and Polygon are setting a global benchmark for blockchain-powered finance in emerging economies—bridging the gap between decentralized technology and real-world commerce.
📌 Editor’s Note: For content partnerships and collaborations, reach out via editor@naija247news.com
Naija247news Media Group LLC is committed to ethical, independent journalism that serves the public interest. Our editorial process prioritizes accuracy, fairness, and transparency in reporting. All content is fact-checked and held to the highest standards of integrity. Learn more in our full editorial policy here.
© 2025 Naija247news Media Group LLC. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten, or redistributed in whole or in part without prior express written permission from Naija247news Media Group LLC.
Reporting by Naija247news in Lagos, Nigeria.
