TechFlame news, according to CoinDesk, Visa partner and Hong Kong fintech platform Reap founder Daren Guo said that Reap plans to add a Mexican peso stablecoin to its card, cross-border payment, and treasury management products, and is exploring Hong Kong dollar, euro, Korean won, and Japanese yen stablecoins to support round-the-clock on-chain foreign exchange settlement and reduce cross-border costs. Reap is a Visa Principal Issuer Member (VPIM) in Hong Kong and Mexico, owned by Kraken parent company Payward, able to issue cards on its own BIN, and says it can support partners in more than 100 markets. Guo said that public blockchains run continuously, but global foreign exchange still depends on bank business hours, correspondent banks, and settlements that can take several days. Transfer fees for some currency corridors in emerging and cross-border markets run as high as 5% to 7%, while nearly 99% of stablecoin payments are currently denominated in U.S. dollars. The company is integrating stablecoin settlement into a broader product system spanning cards, cross-border payments, treasury management, and compliance and risk controls. Reap said card and payment volume grew 33% year over year in the first half of 2026, while revenue and transaction volume tripled in 2025. Visa Asia Pacific President Stephen Karpin said he does not view blockchain settlement as a replacement for traditional payment systems, but rather as complementary, with the opportunity lying in reducing friction and maintaining interoperability with the broader financial system.