Visa and Reap Unleash Stablecoin-Linked Credit Cards on Global Markets

Reap and Visa have formed a strategic partnership to bring stablecoin-linked Visa credit card programs to over 100 markets globally. This collaboration expands Reap's market-leading Visa credit card issuing infrastructure beyond Asia and Latin America, into EMEA and Africa.

The agreement marks a significant milestone for the adoption of stablecoins in digital payments. According to Artemis Research, stablecoin-linked card programs are growing at a compound annual growth rate (CAGR) of 106%, compared to just 5% for peer-to-peer (P2P) payments.

Reap's infrastructure provides the necessary tools for partners to launch and scale globally, including card network authorization, card processing, compliance frameworks, and operations. This will enable fintechs, businesses, and platforms to offer credit card programs where stablecoins are used to fund and manage spending.