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Hong Kong’s Reap Adopts Paxos Stablecoin for Cross-Border Business Payments

Hong Kong’s Reap Adopts Paxos Stablecoin for Cross-Border Business Payments

Author:

Global Cryptocurrency

Published:

2025-12-03 08:29:02

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BTCCSquare news:

Hong Kong fintech Reap now enables USD-denominated corporate settlements via Paxos' regulated USDG stablecoin. The integration targets payment institutions, neobanks, and multinationals across Asia, Africa, and Latin America, leveraging blockchain for 24/7 liquidity.

"Global Dollar Network access lets us bridge traditional finance and web3," said Reap co-founder Daren Guo. The MOVE aligns with growing enterprise demand for interoperable digital dollars that comply with MiCA and MAS oversight.

Reap plans to embed USDG into card programs and treasury tools, offering clients seamless transitions between crypto and fiat rails. The firm specializes in emerging markets where dollar-pegged transactions dominate.

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