Flutterwave Partners with Tempo to Facilitate Stablecoin Settlement for Cross-Border Payments Across Africa

Flutterwave partners with Tempo to introduce stablecoin settlement for cross-border payments across Africa, aiming to cut costs, reduce delays, and improve remittance efficiency...

✨ Key Highlights

Flutterwave has announced a partnership with Tempo to introduce stablecoin settlement options for cross-border payments in Africa, aiming to address high remittance fees.

The integration aims to make cross-border payments faster, more predictable, and cost-efficient, potentially reducing fees that average around 7% in Sub-Saharan Africa.
Key organizations involved are Flutterwave, a leading payments platform, and Tempo, a blockchain built for payments incubated by Stripe and Paradigm.
This initiative will enable wallet-to-wallet stablecoin payments that can settle in seconds across supported corridors.

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