Reap and Visa bring stablecoin credit cards to 175 million merchants
- —Stablecoin-funded cards will be accepted at over 175 million Visa merchant locations
- —Stablecoin card programs are growing at 106% CAGR versus 5% for peer-to-peer payments
- —Visa already has more than 160 active stablecoin card programs
- —Reap is preparing a Mexican peso-pegged stablecoin and weighing HKD, EUR, KRW and JPY tokens
Why it matters: The world's largest card network is scaling stablecoins into mainstream retail, reinforcing their role in global payments.
Source: The Cryptonomist (IT)