Reap, a fintech platform and a principal issuing member of Visa, is preparing to integrate Mexican peso stablecoins into its card, cross-border payment, and treasury management products. The company is also exploring tokens pegged to the Hong Kong dollar, euro, Korean won, and Japanese yen to facilitate foreign exchange transactions outside of banking hours. Reap founder Daren Guo stated that this move aims to meet market demand for localized and more cost-effective experiences, as the vast majority of stablecoin payments are currently denominated in USD.