Africa-centric payment platform Flutterwave Polygon Labs—the team behind the Polygon POS Network—has been named as the main blockchain partner for a new cross-border payment product. The deal marks a major push in the adoption of blockchain networks for real-world payments in emerging markets.
According to the agreement, Flutterwave will roll out a phased integration of Polygon’s high-throughput blockchain infrastructure. A pilot phase targeting “Flutterwave for Business” customers is slated for 2025, followed by a full rollout to all business users and the app’s consumer product shipping in 2026.
The partnership will enable the Flutterwave network—which has processed more than US $40 billion in transaction volume to date—to route cross-border flows using Polygon’s infrastructure. This will significantly reduce settlement times and transaction costs for remittances and corporate international payments.
For Polygon, this is a strategic institutional win. CEO Marc Boiron called the collaboration a “tremendous vote of confidence in StableCoins as the future of cross-border payments”. The implication: Businesses using StableCoin rails at Polygon can settle in seconds rather than days, and at a fraction of the cost.
Flutterwave founder and CEO Olugbenga “GB” Agboola said the deal was designed to make international payments through Flutterwave “even simpler and more affordable than many local ones”. He noted that businesses in emerging economies today still face slow settlements and high fees for cross-border flows.
This move targets pain points In a global cross-border payment market estimated at nearly US $ 2 trillion, where remittance costs can exceed 8% in emerging economies.
By charging a sub-US $0.01 transaction fee and near instant settlement, Flutterwave aims to redefine economies for both businesses and individuals.
The architecture also implies a blueprint for StableCoin adoption beyond hypothetical cases. With Flutterwave operating in more than 30 African countries and supporting more than 150 currencies, the rollout could establish blockchain-based railways as viable alternatives to traditional correspondent banking in undying markets.
The timing of the tie-up aligns with Polygon’s recent traction in institutional payments and real-world tokenisation (RWA).
Polygon processes a significant portion of smaller amounts of USDC transfers in the US and has supported large-scale tokenisation projects, lending credence to its use in high-volume business flows.
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