Why Payward-backed Reap is betting on non-USD stablecoins for 24/7 cross-border FX settlement
Why now
Thesis: Non-USD stablecoins could cut dollar reliance in cross-border FX
Catalyst to watch: Adoption milestones or clearer stablecoin regulation
Main risk: Adoption and regulatory clarity remain unproven
Why it matters
Non-USD stablecoins could reduce reliance on dollar rails for cross-border FX, but adoption and regulatory clarity remain unproven.
Details
Reap is preparing to add a Mexican peso stablecoin and is exploring Hong Kong dollar, euro, won and yen tokens for foreign exchange outside banking hours.
Related assets & topics
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- coindesk · 2026-09-22 12:05 UTC