Visa and Reap Expand Stablecoin-Linked Credit Card Infrastructure Across 100 Markets

Visa and Reap are expanding stablecoin-linked credit card infrastructure to over 100 markets, pushing crypto further into payment systems where users may not interact with a blockchain directly.

The collaboration extends Reap's existing Visa card infrastructure beyond Asia and Latin America into Europe, the Middle East, and Africa. Fintechs, businesses, and platforms will be able to launch Visa programs where stablecoins can fund spending, serve as collateral or repay card balances.

Reap already settles obligations with Visa directly in stablecoins in Asia-Pacific, moving part of the card settlement process onto blockchain rails rather than limiting crypto to the customer-facing balance. The structure is different from simply loading cryptocurrency onto a prepaid card.

Stablecoins can enter the system at several points: businesses use them to fund corporate spending, secure credit exposure, or repay balances; platforms incorporate the same infrastructure into cross-border payouts and vendor payments. However, merchants continue receiving payment through Visa's existing network rather than accepting stablecoins directly.