African payment giant Flutterwave announces Polygon as the default blockchain for cross-border payments
PANews reported on October 29 that Flutterwave, the largest payment infrastructure company in Africa, has officially selected 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 more than 30 African countries.
Flutterwave will first launch the Polygon-based payment solution for enterprise clients in 2025, and plans to expand to personal remittance services in the Send App by 2026. Polygon will support financial inclusion and stablecoin adoption in the African market with transaction fees of less than $0.01 per transaction and second-level confirmation speeds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
OpenAI aims for a trillion-dollar IPO, possibly going public as early as the end of 2026?
OpenAI is reportedly preparing for an IPO as early as the end of 2026, with a potential valuation of up to 1 trillion dollars. The minimum fundraising target under consideration is 60 billion dollars, and the actual amount may be even higher.
KRWQ Emerges as a Pioneer in Stablecoin Innovation
In Brief IQ and Frax launched KRWQ, a stablecoin pegged to the South Korean won. The multi-blockchain KRWQ aims to fill gaps in the current stablecoin market. South Korea's regulatory stance still prevents local access to KRWQ.
Fight Fight Fight LLC in Talks to Acquire Republic’s U.S. Unit as TRUMP Token Targets Startup Funding Push
Consensys Advances IPO Plans With JPMorgan and Goldman Sachs Amid Crypto Market Shift
Trending news
MoreCrypto prices
More
