Reap, a Hong Kong-headquartered fintech, said it is working with Visa to launch stablecoin-linked Visa credit card programs in more than 100 markets.

The partnership will extend Reap’s card-issuing infrastructure beyond Asia and Latin America to Europe, the Middle East, and Africa.

The companies said fintechs, businesses, and platforms would be able to offer Visa card programs that use stablecoins for funding, repayment, and cross-border spending, while using Visa’s network.

They also said they would explore new settlement and payment options, including agentic commerce.

Reap added that it is part of Visa’s stablecoin settlement program in Asia Pacific.

The move is part of Visa’s strategy to enable stablecoin-linked cards and follows another effort in which it partnered on stablecoin payments.

In Europe, expansion could be shaped by the European Union’s Markets in Crypto-Assets (MiCA) rules, which require authorization, governance, reserve backing, transparency, and redemption standards for many fiat-referenced stablecoins used in payments.

🔗 Source: Reap