TechFlow, October 31 — According to Financefeeds, African payment technology company Flutterwave has announced a major partnership with Polygon to launch stablecoin-based cross-border payment services across Africa.
Flutterwave CEO Olugbenga Agboola said stablecoins provide a transformative tool for Africa's financial ecosystem, enabling real-time transactions via blockchain technology without exposure to exchange rate volatility. The collaboration will cover over 30 African markets including Nigeria, Kenya, South Africa, and Ghana, reducing settlement times from days to seconds and significantly lowering cross-border payment costs.
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