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Reap×Visa: Stablecoin Credit Card Issuance Expands to 100+ MarketsToday (9/23), Singapore fintech Reap and Visa officially announced an expanded partnership: using Reap’s card-issuing infrastructure, the stablecoin-linked Visa credit card program will be rolled out to 100+ markets worldwide—covering Asia-Pacific and Latin America first, then expanding to EMEA and Africa. Hard facts first: 1️⃣ Role: Reap is a fintech that claims to be the first in the Asia-Pacific region to partner with Visa, issuing global stablecoin credit cards at scale. Its infrastructure covers authorization, processing, compliance, and operations—so partners don’t have to build an additional layer from scratch. 2️⃣ What it can do: Stablecoins can be used as funds/collateral, to pay off card balances, and to support cross-border business expenses. The card itself still runs on Visa’s global acquiring network (officially described as 175 million+ merchant locations).

Reap×Visa: Stablecoin Credit Card Issuance Expands to 100+ Markets

Today (9/23), Singapore fintech Reap and Visa officially announced an expanded partnership: using Reap’s card-issuing infrastructure, the stablecoin-linked Visa credit card program will be rolled out to 100+ markets worldwide—covering Asia-Pacific and Latin America first, then expanding to EMEA and Africa.
Hard facts first:
1️⃣ Role: Reap is a fintech that claims to be the first in the Asia-Pacific region to partner with Visa, issuing global stablecoin credit cards at scale. Its infrastructure covers authorization, processing, compliance, and operations—so partners don’t have to build an additional layer from scratch.
2️⃣ What it can do: Stablecoins can be used as funds/collateral, to pay off card balances, and to support cross-border business expenses. The card itself still runs on Visa’s global acquiring network (officially described as 175 million+ merchant locations).
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Bullish
Payward unveils acquisition of Reap Technologies for $600M ​#Kraken parent company #Payward has acquired a stablecoin-oriented provider of cross-border and business payments services, #ReapTechnologies, for $600M. #Reap operates a payments business that bridges traditional financial systems with digital assets, facilitating cross-border fund transfers. Reap marks Payward’s first infrastructure acquisition in Asia and one of its largest to date. The deal is expected to lead to new B2B offerings, including card issuance and stablecoin payment products. 👉 bloomberg.com/news/articles/2026-05-07/kraken-parent-to-buy-reap-for-600-million-in-asian-expansion
Payward unveils acquisition of Reap Technologies for $600M

​#Kraken parent company #Payward has acquired a stablecoin-oriented provider of cross-border and business payments services, #ReapTechnologies, for $600M. #Reap operates a payments business that bridges traditional financial systems with digital assets, facilitating cross-border fund transfers. Reap marks Payward’s first infrastructure acquisition in Asia and one of its largest to date. The deal is expected to lead to new B2B offerings, including card issuance and stablecoin payment products.

👉 bloomberg.com/news/articles/2026-05-07/kraken-parent-to-buy-reap-for-600-million-in-asian-expansion
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