Flutterwave offers stablecoin wallets for customers in Africa

Flutterwave, Africa's leading payment technology company, is launching stablecoin balances for its merchants and users across all of its services. This solution is made possible through Flutterwave's collaboration with Nuvion and Turnkey, which together provide a secure, flexible, and verifiable stablecoin balance infrastructure. This is an important step in realizing Flutterwave's vision of making stablecoins one of the key pillars of the African financial ecosystem and the foundation for the next wave of financial transformation and global integration.

- To accelerate business growth in Africa, we need to provide companies with a secure, simple, and affordable way to accept all regulated payment methods, including stablecoins, from a global customer base," said Nkem Abuah, Lead, GEPP ROW, Remittances & Stablecoin Partnerships at Flutterwave.

- By launching stablecoin balances based on Turnkey technology, we are ensuring that multinational corporations, African businesses, and individuals using Flutterwave will have access to low-cost, faster, and 24/7 available cross-border payments based on stablecoins, - added Nkem.

Embedded wallets for merchants

As part of this integration, Flutterwave offers a comprehensive embedded wallet experience that enables seamless transactions using stablecoin payments. This solution is supported by Turnkey, a blockchain infrastructure provider, and Nuvion, a global AI-powered banking and payment platform built on both fiat and stablecoin infrastructure.

The solution is currently being tested with a select group of merchants to ensure optimal performance. Once this phase is complete, USDC and USDT balances will be made available—alongside existing balances in USD, NGN, and other currencies—to all Flutterwave customers who successfully complete the required KYC and onboarding processes.

- Flutterwave has demonstrated the transformative potential of stablecoins in helping people around the world start and grow businesses," said Bryce Ferguson, CEO and co-founder of Turnkey. “We share Flutterwave’s belief that stablecoins offer an incredibly effective way to accelerate payments and channel more funds directly to business owners, rather than intermediaries. With Turnkey’s embedded wallet infrastructure, we are proud to support Flutterwave’s stablecoin payments and their mission to empower the next generation of African innovators.”

Next-generation infrastructure – secure and verifiable

Flutterwave joins a growing group of leading companies in the payments, DeFi, and trading space—including Polymarket, Axiom, Alchemy, World, Moonshot, and others—that are leveraging Turnkey's verifiable blockchain infrastructure to power embedded wallets, automate transactions, and provide provable security.

Over the past year, Turnkey has been recognized as one of CNBC World's Top Fintech Companies for 2025 and has introduced a number of new product features. In particular, the team recently launched Turnkey Verifiable Cloud in private beta, introducing verifiable security for the most sensitive workloads. This followed the launch of the world's first verifiable wallets, the addition of fiat on-ramp support through integrations with MoonPay and Coinbase, and the open sourcing of QuorumOS, the operating system for Turnkey's comprehensive, verifiable computing environment.

Through this partnership, Flutterwave is strengthening its commitment to building Africa's largest and most secure next-generation digital payments infrastructure, enabling businesses and consumers to seamlessly transact in stablecoins, streamline cross-border payments, and unlock new financial opportunities across the continent.