Reap

A Visa survey of 14,250 people found that stablecoin interest is growing across Asia Pacific, with 46% of consumers likely to use the tokens within five years. The findings also show a major education gap, as only 6% of respondents accurately understood how stablecoins work.

Payward-owned Reap is preparing to add a Mexican peso stablecoin to its card, cross-border payment and treasury products through its global partnership with Visa. The plan points to rising interest in local-currency stablecoins that can support foreign exchange activity outside traditional banking hours.