23 September 2026 - This collaboration expands Reap's Visa stablecoin-linked card programs globally.
TL;DR
- Reap and Visa announced a strategic collaboration to bring stablecoin-linked Visa credit card programs to over 100+ markets globally, powered by Reap's card issuance infrastructure, in compliance with local regulations.
- The collaboration extends Reap's Visa credit card issuing infrastructure beyond Asia and Latin America, into EMEA and Africa. Reap will also become the first fintech in Asia to partner with Visa to enable global stablecoin credit card issuing at scale.
- Reap's infrastructure provides the card network authorization, card processing, compliance frameworks, and operations, so partner teams can focus on product and growth.
- Reap is also a partner for Visa's stablecoin settlement program in the Asia Pacific region. Reap settles payment obligations with Visa directly using stablecoins. That integration unlocks settlement over a blockchain, beyond traditional banking hours and weekend delays.
- Visa and Reap will explore new settlement and payment pathways, including agentic commerce capabilities, looking at how trusted AI agents can execute authenticated payments within user-defined parameters.
What Reap and Visa Announced: Stablecoin Card Programs Across 100+ Markets
Reap, a global financial technology company building stablecoin-enabled infrastructure, and Visa, a global leader in digital payments, today announced a strategic collaboration to bring stablecoin-linked Visa credit card programs to over 100+ markets globally, powered by Reap's card issuance infrastructure, in compliance with local regulations.
The collaboration will bring Reap's market-leading Visa credit card issuing infrastructure beyond Asia and Latin America, into EMEA and Africa. Reap will also become the first fintech in Asia to partner with Visa to enable global stablecoin credit card issuing at scale. Partners can launch and scale globally through Reap's infrastructure, which provides the card network authorization, card processing, compliance frameworks, and operations so teams can focus on product and growth.
Why Stablecoin-Linked Card Programs Are Growing
Stablecoin-linked card programs are one of the fastest-growing segments in digital payments. According to Artemis Research, the segment is growing at a 106% compound annual growth rate (CAGR), compared to just 5% for peer-to-peer (P2P) payments, signalling rising demand for infrastructure that bridges digital asset holdings with global merchant acceptance.
Visa is seeing a $20 billion annual run rate of global stablecoin settlement volume, up 15x year-over-year, with over 160 stablecoin card programs globally. The partnership helps extend Visa's stablecoin adoption strategy and deepens Visa's positioning as a hyperscaler, bringing together stablecoins, blockchain and on-chain payments to deliver real world solutions for business.
Stablecoin card programs: market and network scale, September 2026
“We are excited that Visa is building the stablecoin card category with us in this landmark collaboration from Asia Pacific. What we've always wanted is for stablecoins to be as usable and accessible for businesses as any other payment method. We're proud to collaborate with Visa as our leading go-to-market partner for stablecoin solutions, supporting our international expansion and sharing insights on bringing global card programs to market. 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.” said Daren Guo, Co-Founder, Reap.
What Partners Can Build on Reap's Card Issuance Infrastructure
Through Reap's infrastructure, fintechs, businesses, and platforms can offer credit card programs where stablecoins are used to fund and manage spending. Partners can use stablecoins as collateral, enable cardholders to repay balances in stablecoins and support cross-border corporate spending with compliance and program management built in. They can also spend at 175M+ Visa-accepting merchant locations worldwide, which brings the familiarity and global reach of the Visa network to stablecoin-enabled treasury and spend management.
Use cases the Reap and Visa collaboration supports
How Reap Settles Payment Obligations With Visa Using Stablecoins
Reap is also a partner for Visa's stablecoin settlement program in the Asia Pacific region, settling payment obligations with Visa directly using stablecoins. The integration of stablecoin settlement between Reap and Visa unlocks settlement over a blockchain beyond traditional banking hours and weekend delays that have long constrained global card operations. For issuers and card programs, this reduces the need to hold large pre-funded balances. It marks a foundational shift in how modern card networks and their partners manage liquidity at global scale.
How Agentic Commerce Fits Into the Reap and Visa Collaboration
As part of an expanded collaboration, Visa and Reap will explore new settlement and payment pathways, including agentic commerce capabilities. This will include looking at how trusted AI agents can execute authenticated payments within user-defined parameters - ensuring security and compliance remain uncompromised - while laying the groundwork for a new era of programmable, stablecoin-native commerce.
What's Next: Multicurrency Stablecoin Card Capability
Reap also plans to be one of the first in the market to introduce multicurrency stablecoin card capability, enabling card programs to support additional currencies and stablecoin-based funding and settlement options, further broadening the range of digital assets that card programs can utilise.
Frequently asked questions
What did Reap and Visa announce?
Reap and Visa announced a strategic collaboration to bring stablecoin-linked Visa credit card programs to over 100+ markets globally, powered by Reap's card issuance infrastructure, in compliance with local regulations.
Which markets and regions does the collaboration cover?
The Reap and Visa collaboration will bring Reap's Visa credit card issuing infrastructure beyond Asia and Latin America, into EMEA and Africa. The collaboration covers over 100+ markets globally.
What does Reap's card issuance infrastructure provide?
Reap's card issuance infrastructure provides the card network authorization, card processing, compliance frameworks, and operations for Visa stablecoin-linked card programs. Partner teams focus on product and growth.
How fast are stablecoin-linked card programs growing?
Stablecoin-linked card programs are growing at a 106% compound annual growth rate, against 5% for peer-to-peer payments, according to Artemis Research.
What is next in the Reap and Visa collaboration?
Visa and Reap will explore new settlement and payment pathways, including agentic commerce capabilities. That work will include looking at how trusted AI agents can execute authenticated payments within user-defined parameters.
About Reap
Reap is a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure. We transform the financial landscape through more efficient money movement by merging traditional finance with digital assets, bridging disparate economies and connecting key financial markets.
Reap was an early leader in Asia to incorporate stablecoins into our solutions. In 2025, Reap processed billions in stablecoin-funded transaction flows. From stablecoin-enabled credit cards to cross-border payments, we streamline financial operations and empower companies to scale with our integrated business accounts and embedded finance solutions.
Founded and headquartered in Hong Kong, Reap employs around 300 people worldwide. More information about Reap can be found at reap.global.
