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This collaboration positions Polygon’s PoS blockchain, known for its high-performance capabilities, as the default blockchain network for Flutterwave’s new cross-border payments product. It marks a significant milestone for the adoption of real-world stablecoins in emerging markets, further solidifying Polygon’s role in global payment systems.
Flutterwave’s CEO and Founder, Olugbenga “GB” Agboola, explained the significance of the partnership, noting, “Businesses in emerging economies process billions in cross-border payments annually, yet still face high costs and slow settlement times. By partnering with Polygon, we’re introducing a solution that makes international payments even simpler and more affordable than many local ones. This revolution will unlock new economic opportunities across the continent.”
