Overview
- The companies announced a multi‑year partnership on Oct. 30 that makes Polygon the default rail for Flutterwave’s new stablecoin‑based payments product.
- A pilot is slated for late 2025 for verified enterprise clients, with named examples including Uber and Audiomack.
- Consumer access is planned for 2026 through the Flutterwave Send App, with coverage targeting more than 30 African countries.
- Flutterwave will initially restrict use to merchants meeting enhanced KYC/KYB requirements and says integration requires no changes to existing APIs.
- The firms say settlement could move from days to seconds with fees dropping to pennies, though these are company expectations pending live results, and the move tracks a wider shift by firms such as Western Union, PayPal and Stripe toward stablecoin rails.