Visa teams up with financial technology company Reap, launching stablecoin card programs across more than 100 markets.
The collaboration seeks to bring stablecoin-linked Visa credit card programs globally, powered by Reap’s card issuance infrastructure, in compliance with local regulations.
Further, the move makes way for Reap to become the first fintech in Asia to partner with Visa to allow global stablecoin credit card issuing at scale.
Under the partnership, the entities can launch and scale globally through Reap’s infrastructure, providing the card network authorisation, card processing, compliance frameworks, and operations so teams can focus on product and growth.
For APAC CFOs, the Reap–Visa collaboration is significant as it points to stablecoins moving beyond a digital-asset use case and into corporate treasury, cross-border payments and everyday business spending.
The ability to use stablecoins to fund card spending, repay balances and support vendor or employee expenses could give multinational companies another mechanism for managing cross-border transactions.
In particular, Reap and Visa say their APAC settlement arrangement can enable payment obligations to be settled on-chain beyond traditional banking hours, potentially reducing reliance on pre-funded balances and giving treasury teams greater flexibility over liquidity management.
The expanded partnership supports a range of use cases:
- Corporate treasury and cross-border spend: Fund credit cards using stablecoins and manage cross-border expenses more efficiently.
- Global payouts and vendor spend: Enable platforms to support business payments and payouts through a card experience, with stablecoins powering settlement flows.
- Embedded finance for B2B platforms: Launch branded card programs that integrate stablecoin funding and repayment into existing product experiences.
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.
