Flutterwave, Africa’s leading payments technology company, is launching stablecoin balances for merchants and users across its platform through a partnership with Nuvion and Turnkey. The move represents a significant step in Flutterwave’s vision to make stablecoins a cornerstone of Africa’s financial ecosystem and a backbone for cross-border payments.
“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 stablecoins, from a global customer base,” said Nkem Abuah, Lead, GEPP ROW, Remittances & Stablecoin Partnerships at Flutterwave.
“By enabling stablecoin balances powered by Turnkey, we’re ensuring that multinationals, African enterprises, and individuals using Flutterwave have access to low-cost, faster, and always-on cross-border payments,” Abuah added.
Embedded Wallets for Seamless Transactions
The integration provides merchants with a comprehensive embedded wallet experience for stablecoin payments. Turnkey, a blockchain infrastructure provider, powers the wallet technology, while Nuvion’s AI-powered platform supports both fiat and stablecoin infrastructure.
Initially, select merchants will transact in USDC, USDT, USD, and NGN, with plans to expand access to all approved Flutterwave merchants later this year.
“Flutterwave has demonstrated the transformative potential of stablecoins in helping people start and grow businesses globally,” said Bryce Ferguson, CEO and co-founder of Turnkey. “We share their belief that stablecoins offer an efficient way to accelerate payments and put more money into the hands of business owners rather than intermediaries.”
Building Verifiable Infrastructure
Flutterwave joins companies including Polymarket, Axiom, Alchemy, and Moonshot in using Turnkey’s verifiable blockchain infrastructure for embedded wallets and transaction automation.
Turnkey was recently named one of CNBC’s 2025 World’s Top Fintech Companies and has launched several new capabilities, including Turnkey Verifiable Cloud in private beta, fiat onramp support via MoonPay and Coinbase, and open-sourced QuorumOS.
The partnership reinforces Flutterwave’s commitment to building secure infrastructure for next-generation digital payments in Africa, enabling businesses and consumers to streamline cross-border transactions and unlock new financial opportunities across the continent.
