Why Payward-backed Reap is betting on non-USD stablecoins for 24/7 cross-border FX settlement

The currencies named are the Mexican peso, Hong Kong dollar, euro, won and yen.

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AuthorCoinDesk Reporting source
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Close-up of Bitcoin coins and an iPad displaying 'Financial Freedom,' symbolizing modern digital savings.
Photo by Leeloo The First on Pexels

What happened?

Reap is preparing to add a Mexican peso stablecoin and exploring Hong Kong dollar, euro, won and yen tokens. It links those proposed assets to foreign-exchange settlement outside banking hours.

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