Monad wins stablecoin card infrastructure deal with Reap and Meru
- —Reap will add Monad to its card issuing and authorisation infrastructure
- —Meru, a Latin American finance app, will run the first programme on the integration
- —Reap cites Monad's claimed 600-millisecond transaction finality
- —Volumes, supported countries and fees for the programme were not disclosed
Why it matters: It tests whether fast finality solves a real settlement problem for card payments rather than just adding another chain to a payments product.
Source: NewsBTC