Hong Kong-based business payments platform Reap has integrated Paxos' USDG stablecoin into its infrastructure, enabling regulated dollar settlement for corporate clients across Asia, Africa, and Latin America, the company announced today in a statement.
The move allows Reap's customers, including payment institutions, neobanks, and multi-market corporations, to access 24/7 USD settlement through USDG, a dollar-pegged token issued by Paxos Digital Singapore under Monetary Authority of Singapore supervision and compliant with the EU's MiCA regulation.
"Joining the Global Dollar Network allows us to deliver faster and more capital-efficient settlements for web3 clients or traditional enterprises modernizing their financial operations," said Daren Guo, Reap's co-founder.
Reap operates stablecoin-enabled corporate card programs and cross-border payment rails targeting emerging market corridors where dollar-denominated transactions dominate.
The integration connects Reap to the Global Dollar Network, Paxos' enterprise-focused stablecoin ecosystem. Reap said it plans to embed USDG across its card issuance, treasury management, and expense tools, allowing finance teams to move between blockchain and traditional banking rails within a single platform.
"Enterprises are asking for trusted, interoperable digital dollars they can plug into existing payment and treasury systems," said Nick Robnett, head of crypto business at Paxos. "Reap meets that need across multiple markets."
