Reap and Visa officially announced on Sept 24: the stablecoin-linked Visa credit card issuance infrastructure will expand to 100+ markets worldwide.

First, filter facts:

1️⃣ Covers APAC and LATAM, expanding into EMEA and Africa

2️⃣ Reap claims to be the first fintech in Asia to issue Visa global-scale stablecoin credit cards with stablecoin credit card issuance infrastructure

3️⃣ Partners can use stablecoins as collateral/for repayment, and the card works at 175M+ Visa merchants worldwide

4️⃣ Visa perspective: the stablecoin settlement annualized run rate is about $20 billion, up 15x year over year; globally there are already 160+ stablecoin card projects

5️⃣ There’s also more agentic commerce—an AI agent that automatically pays based on user preferences

Note: This “card issuance infrastructure collaboration” ≠ the full rollout of all 100 countries opening tonight. Each location still needs to comply with local regulations.

Don’t mix this up with the earlier Payward × Ledger self-custody × trading thread from today—this one is Reap’s card network story.

Does not constitute investment advice.