Flutterwave named Polygon its default blockchain for a new cross‑border payments product serving 30+ African countries, enabling faster, lower‑cost stablecoin settlement for multinationals like Uber.

Standardizing on a single L2 reduces fragmentation across Flutterwave’s network and can compress settlement times and FX costs compared with card and wire rails. For corporates operating at scale in Africa’s fragmented banking systems, on‑chain payouts could streamline driver/merchant disbursements and supplier payments while preserving local‑currency payout via Flutterwave’s banking partners.

The multi‑year deal positions Polygon to capture enterprise stablecoin flows in emerging markets, countering moves by global processors expanding stablecoin rails and payout options.
If execution and compliance hold, the partnership signals a shift toward programmable treasury and payout flows in Africa, moving stablecoins from pilot to production for B2B and marketplace platforms.