Visa and Reap Launch Global Expansion of Stablecoin Credit Cards

Visa and Reap have partnered to bring stablecoin-linked Visa credit cards to over 100 markets worldwide, expanding beyond Asia and Latin America into EMEA and Africa.

The partnership uses Reap's existing Visa card issuance infrastructure to handle authorization, processing, compliance frameworks, and operations, allowing businesses to focus on their own products and growth.

Stablecoin-linked card programs are growing at a 106% compound annual growth rate, compared with just 5% for peer-to-peer payments, according to Artemis Research.

Visa processes a $20 billion annual run rate in global stablecoin settlement volume, up 15 times year-over-year, and supports more than 160 stablecoin card programs operating globally.