Flutterwave, Africa’s leading payments technology company, has partnered with Turnkey, powered by the Nuvion platform, to power embedded stablecoin wallets for merchants across Africa. Turnkey provides secure, scalable, and programmable crypto infrastructure for embedded wallets and on-chain transaction automation.
Using Turnkey’s secure, verifiable wallet infrastructure, Flutterwave is enabling faster cross-border payments with USDC + USDT, bringing stablecoins closer to everyday financial rails. Also, this will enable businesses on Flutterwave to accept stablecoins as easily as cards, bank transfers, or mobile money, while supporting real-time settlement for global trade.
Speaking on the partnership, Nkem Abuah, Lead, GEPP ROW, Remittances & Stablecoin Partnerships, Flutterwave, said, “To accelerate business growth in Africa, we must make it safe, easy, and affordable for businesses to accept all forms of regulated payment methods, including stablecoin, from a global customer base.”
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“By enabling stablecoin balances powered by Turnkey, we are ensuring that multinationals, African enterprises, and individuals using Flutterwave will have access to low-cost, faster, and always-on cross-border payments with stablecoins,” Nkem added.
Bryce Ferguson, CEO and co-founder of Turnkey, stated, “Flutterwave has shown the transformative potential of stablecoins in helping people start and grow businesses globally. We share Flutterwave’s belief that stablecoins offer an incredibly efficient way to accelerate payments and put more money directly into the hands of business owners rather than intermediaries. Through Turnkey’s embedded wallet infrastructure, we’re proud to power Flutterwave’s stablecoin payments and support their mission to empower the next generation of African innovators.”
Across Africa, importers need reliable rails that allow them to send money and have it delivered in real time so suppliers can confirm payment instantly and release goods without delay. Stablecoins make this possible. They enable African businesses to pay global suppliers faster, receive next-day value, accept stablecoin payments, and earn foreign-currency revenue with far less friction. Remittances are also being turbocharged, unlocking faster and more dependable inflows into African economies.
Through the integration of Turnkey, Flutterwave can scale stablecoin payments across Africa, giving merchants reliable access to secure settlements, while laying the groundwork for broader, future global expansion.
Notably, the partnership signals a broader shift in Africa’s payments landscape, where stablecoins are moving from the fringes of crypto adoption into practical, everyday financial infrastructure. As regulatory clarity around digital assets continues to evolve across key African markets, embedded stablecoin wallets could become a critical tool for merchants seeking faster settlements, reduced FX risk, and improved access to global liquidity.
The solution is currently being tested with a select group of merchants to ensure optimal performance. Following this phase, USDC and USDT balances will be made available alongside existing USD, NGN, and other currency balances to all Flutterwave customers who have completed the necessary KYC and onboarding processes.
Flutterwave joins a growing number of leading payments, DeFi, and trading companies, including Polymarket, Axiom, Alchemy, World, Moonshot, and more, using Turnkey’s verifiable blockchain infrastructure for embedded wallets, transaction automation, and provable security. Notably,
With this partnership, Flutterwave reinforces its commitment to building Africa’s largest, most secure infrastructure for next-generation digital payments, enabling businesses and consumers to transact stablecoins seamlessly, streamline cross-border payments, and unlock new financial opportunities across the continent.
As global demand for efficient, transparent payment rails grows, this collaboration lays the groundwork for Africa to not only adopt next-generation financial technologies but also to influence how stablecoins are integrated into mainstream payments worldwide.