Flutterwave Partners Tempo to Promote Stable Coin Payments Across Africa.
Flutterwave has partnered Tempo, a payments-focused blockchain network, to develop and support the next phase of stablecoin-powered payments and settlements across Africa.
The collaboration aims to integrate Tempo as a blockchain settlement network within the Send App and Flutterwave for Business (F4B) platforms. Together, the companies will work to combine their products, networks, and go-to-market capabilities. This will enable faster, more efficient global money movement once the infrastructure goes live.
Addressing African Delays in Cross-border Transactions!
This partnership directly addresses the high costs and lengthy delays that currently plague cross-border transactions into and across Africa.
According to the World Bank, remittance fees to sub-Saharan Africa average around 7%. Which is significantly higher than the global average of 6% and well above the United Nations Sustainable Development Goal target of 3%. Furthermore, traditional reliance on banking and foreign exchange chains can delay settlements for several business days. Eventually delaying or reducing liquidity and straining working capital for businesses and families alike.
To further address these friction points across select corridors, Flutterwave is integrating Tempo’s layer-1 blockchain network. It will be a complementary settlement rail within its broader multi-chain payments infrastructure. Which includes its existing Polygon-based stablecoin settlement capabilities. Once fully deployed, this integration will support wallet-to-wallet USDC and USDT transactions. Providing users with faster settlement times, stable network performance, and predictable transaction costs.
How This Partnership Works!
Tempo will operate as part of Flutterwave’s broader blockchain settlement infrastructure. Complementing existing integrations and supporting Flutterwave’s continued commitment to Polygon-based stablecoin payment flows. This enables additional settlement options across specific corridors based on corridor requirements and operational needs.
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“We are building the infrastructure for how money should move in a modern, connected world. Compliant, scalable, and designed for real-time global commerce. Our partnership with Tempo allows us to expand our existing payments ecosystem by adding additional practical stablecoin settlement rails. We are working together to turn these into everyday tools that will make cross-border payments faster, more predictable, and more cost-efficient for businesses and individuals across Africa. This actively removes friction from the system and expands our multi-rail standard of global payment connectivity for the continent.” Olugbenga “GB” Agboola, Founder & CEO, Flutterwave
“Flutterwave has built one of the most extensive payments networks in Africa. We’re excited to work with their team to expand their stablecoin settlement to cross-border corridors that have traditionally relied on slow, expensive fiat rails for years, and to get it into production on Tempo.” Dan Romero, Head of GTM, Tempo
The collaboration reflects a broader global evolution where stablecoins are transitioning from crypto-native instruments into practical payment rails that improve settlement efficiency and access to global liquidity.
