African payment giant Flutterwave announces the selection of Polygon as the default blockchain for cross-border payments

ChainCatcher news, Africa's largest payment infrastructure company Flutterwave has officially chosen Polygon as the default blockchain network for its new cross-border payment product. The two parties have reached a multi-year strategic partnership to promote the practical application of stablecoin payments in over 30 African countries.

Flutterwave will first launch the Polygon version of its payment solution for enterprise customers in 2025 and plans to expand to personal remittance services in the Send App in 2026. Polygon will support financial inclusion and the proliferation of stablecoins in the African market with transaction fees of less than $0.01 and confirmation speeds of seconds.