Polygon and DPTPay Partner to Expand Stablecoin Payments in Africa

Key Facts

In a move reflecting the growing expansion of blockchain technology in emerging markets, DPTPay has announced a strategic partnership with the Polygon network to provide stablecoin-based payment solutions in Africa. According to reports, this integration aims to facilitate faster and cheaper cross-border payments, targeting a remittance market valued at approximately $100 billion. The initiative seeks to address the challenges of high costs and slow speeds associated with traditional transfers, benefiting SMEs and developers.

This partnership comes as the African continent sees significant growth in crypto adoption to counter inflation and local currency volatility, with South Africa reporting a 1.9% YoY GDP growth rate as of June 9, 2026, per market data. Compared to other platforms, Polygon is striving to solidify its position as a low-cost infrastructure alternative to the Ethereum mainnet, which often faces high gas fees, making it a preferred choice for retail services in lower-income markets.