Payward-backed Reap bets on non-USD stablecoins for 24/7 cross-border FX settlement
- —Reap to add a Mexican peso stablecoin
- —Exploring HKD, EUR, KRW and JPY tokens
- —Targets 24/7 FX settlement outside banking hours
- —Project is backed by Payward
Why it matters: Non-USD stablecoins could broaden round-the-clock cross-border settlement and reduce reliance on banking hours.
Source: CoinDesk