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Flutterwave rolls out stablecoin balances across Africa

Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
Mobile money instant payment in Africa. Photo by Olumide Bamgbelu @ Unsplash
  • Flutterwave adds stablecoin balances across its platform
  • USDC and USDT to launch first for select merchants

 

ABUJA, NIGERIA – Flutterwave is launching stablecoin balances for merchants and users, expanding its payments platform as it bets on digital currencies to reshape cross-border transactions across Africa.

Africa’s leading payments technology company said the move is being delivered through a collaboration with Nuvion and Turnkey, providing what it described as a secure, flexible and verifiable stablecoin balance infrastructure. The initiative marks a significant step in Flutterwave’s ambition to make stablecoins a core pillar of Africa’s evolving financial ecosystem.

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