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.
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Polygon Labs partners with Flutterwave to revolutionize cross-border payments in Africa
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.”
