Reap, a global financial technology firm, has teamed up with Visa to launch stablecoin-linked Visa credit card programmes across more than 100 markets. This collaboration marks Reap as the first fintech in Asia to partner with Visa for global stablecoin credit card issuance at scale. The initiative, powered by Reap’s card-issuing infrastructure, extends beyond Asia and Latin America into EMEA and Africa, enabling businesses to offer compliant card programmes for stablecoin-funded transactions.
The partnership leverages Visa’s global acceptance network, supporting various use cases such as corporate treasury, vendor spending, and cross-border payments. According to Artemis Research, stablecoin-linked card programmes are experiencing a 106% compound annual growth rate, highlighting the increasing demand for infrastructure that bridges digital assets with global merchant acceptance.
Daren Guo, Co-Founder of Reap, expressed enthusiasm about the collaboration, stating, “We are excited that Visa is building the stablecoin card category with us in this landmark collaboration from Asia Pacific. Stablecoins opened the door, but the real unlock is the compliant infrastructure pathway that this creates for any company, anywhere in the world, to issue cards and scale through a single partnership.”
Visa’s stablecoin settlement volume has reached a $20b annual run rate, increasing 15 times year-over-year. Stephen Karpin, President of Visa Asia Pacific, noted, “The collaboration with Reap reflects the strong momentum we are seeing across the payments ecosystem.”
The partnership aims to explore new settlement and payment pathways, including agentic commerce capabilities, and plans to introduce multicurrency stablecoin card capabilities, further broadening the range of digital assets that card programmes can utilise.
