The cost of cross border payment in Africa is more than 8% and there is a serious need for stablecoin rails in the region.
Hence we onboarded @theflutterwave, Africa’s largest payment infrastructure provider to enable stablecoin rails.
Polygon by default will be their chain.
Africa’s largest payments infra provider just made its move onchain.
@theflutterwave has chosen Polygon as its default blockchain to launch low-cost cross-border stablecoin payments for millions of consumers and global corporations, like Uber and Audiomack.
This marks one of the largest real-world stablecoin deployments in emerging markets to date, spanning 30+ African countries.
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