The goal: instant, super low cost, stablecoin-powered payments for everyone in the world. The action: collaborating with @theFlutterwave to bring it to millions of people across 30+ African countries. Many businesses in Africa have to wait days to settle payments, with fees exceeding 8%. That’s crazy. Flutterwave enables payments in Africa for tons of companies you’ve heard of, like Netflix, Uber, Bookingcom, Audiomack and Microsoft - last year they processed $31B in volume. And Polygon is consistently one of the most used chains for micro, small and medium crypto payments from pennies to thousands of dollars. Together, we’re cutting through economic barriers, and tackling debilitating fees and archaic payments infra.
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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