Reap and Visa Collaborate to Launch Stablecoin Card Programs Across 100+ Markets
Visa and Hong Kong-based fintech Reap announced a strategic collaboration to bring stablecoin-linked Visa credit card programs to more than 100 markets, extending from Asia and Latin America into EMEA and Africa. Reap becomes the first Asia fintech to partner with Visa for global stablecoin credit card issuing at scale, with cardholders able to spend at 175M+ Visa-accepting merchant locations. Visa disclosed a $20 billion annual run rate of global stablecoin settlement volume, up 15x year-over-year, with over 160 stablecoin card programs globally.
Key figures
- Segment cagr
- 106% (stablecoin-linked card programs, per Artemis Research)
- Markets covered
- 100+
- Merchant locations
- 175M+
- Settlement run rate yoy
- up 15x year-over-year
- Stablecoin card programs
- over 160
- Stablecoin settlement run rate
- $20 billion annual
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.