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Finance
Why Payward-Backed Reap Is Focusing on Non‑USD Stablecoins for Around‑the‑Clock Cross‑Border FX Settlement
Payward, the venture capital firm best known for its flagship cryptocurrency exchange Kraken, has placed a strategic bet on Reap, a fintech startup that aims to revolutionize the way businesses and individuals move money across borders. While many stablecoin projects have traditionally centered on the U.S. dollar as the primary anchor, Reap is deliberately broadening its horizon by developing sta…
Sept. 22, 2026, 12:05 p.m.
Finance
Why Payward‑Backed Reap Is Opting for Non‑USD Stablecoins to Enable 24/7 Cross‑Border FX Settlement
Payward, the venture capital firm best known for backing the Kraken cryptocurrency exchange, has placed a strategic bet on its fintech subsidiary Reap to pioneer a new era of continuous, cross‑border foreign‑exchange (FX) settlement. Rather than relying on the familiar US‑dollar‑denominated stablecoins that dominate much of the digital asset market, Reap is deliberately turning its attention to s…
Sept. 22, 2026, 12:05 p.m.
Finance
Why Payward-Backed Reap Is Targeting Non‑USD Stablecoins for Around‑the‑Clock Cross‑Border FX Settlement
In the rapidly evolving world of digital finance, the push for faster, cheaper and more inclusive cross‑border payments has taken a new turn. Reap, a fintech venture backed by Payward—the firm behind the popular cryptocurrency exchange Kraken—has announced a strategic shift toward the development of stablecoins that are not tied to the U.S. dollar. This move reflects a broader industry trend: the…
Sept. 22, 2026, 12:05 p.m.
Finance
Why Payward-Backed Reap Is Focusing on Non-USD Stablecoins for Around-the-Clock Cross-Border FX Settlement
In the rapidly evolving world of digital finance, the ability to move money across borders instantly and at any time of day has become a critical competitive advantage. Traditional banking systems, with their reliance on legacy settlement infrastructures and strict operating windows, often leave businesses and individuals waiting for hours—or even days—to complete foreign‑exchange (FX) transactio…
Sept. 22, 2026, 12:05 p.m.
Finance
Why Payward-Backed Reap Is Focusing on Non‑USD Stablecoins for Around‑the‑Clock Cross‑Border FX Settlement
Payward, the investment firm best known for backing the popular cryptocurrency exchange Kraken, has placed a strategic bet on Reap, a fintech platform that aims to transform the way businesses and individuals settle foreign‑exchange (FX) transactions across borders. While many stablecoin projects have historically centered on the U.S. dollar as the anchor currency, Reap’s roadmap deliberately exp…
Sept. 22, 2026, 12:05 p.m.
Finance
Why Payward-Backed Reap Is Focusing on Non‑USD Stablecoins for Around‑the‑Clock Cross‑Border FX Settlement
Payward’s crypto‑lending platform Reap has set its sights on a new frontier in foreign‑exchange (FX) settlement: the use of stablecoins that are not pegged to the U.S. dollar. While the majority of stablecoins in circulation today—such as USDC, USDT, and DAI—are anchored to the greenback, Reap believes that a broader palette of fiat‑backed tokens can unlock true 24‑hour, cross‑border settlement f…
Sept. 22, 2026, 12:05 p.m.
Finance
Payward‑Backed Reap Opts for Non‑USD Stablecoins to Enable 24/7 Cross‑Border FX Settlement
Reap, the fintech venture backed by Payward—the same investment firm behind the popular cryptocurrency exchange Kraken—has announced a strategic shift in its approach to cross‑border foreign‑exchange (FX) settlement. Rather than relying on the ubiquitous US dollar‑denominated stablecoins that dominate much of the current digital‑asset market, Reap is focusing its development efforts on a suite of…
Sept. 22, 2026, 12:05 p.m.
Finance
Why Payward-Backed Reap Is Focusing on Non‑USD Stablecoins for Around‑the‑Clock Cross‑Border FX Settlement
Payward, the venture capital firm best known for its flagship cryptocurrency exchange Kraken, has placed a strategic bet on Reap, a fintech platform that aims to reshape the way businesses handle foreign‑exchange (FX) transactions. The core of Reap’s vision is to enable truly 24‑hour, cross‑border settlement using stablecoins that are not tied to the U.S. dollar. By doing so, Reap hopes to break …
Sept. 22, 2026, 12:05 p.m.
Finance
Why Payward’s Reap Opts for Non‑USD Stablecoins to Enable 24/7 Cross‑Border FX Settlement
Payward, the venture‑backing firm behind the popular crypto brokerage Kraken, has been quietly advancing a new initiative called Reap. The core ambition of Reap is to create a seamless, always‑on platform for foreign‑exchange (FX) settlement that operates outside the constraints of conventional banking windows. While many blockchain projects focus on stablecoins that mirror the U.S. dollar, Reap …
Sept. 22, 2026, 12:05 p.m.
Finance
Why Payward-Backed Reap Is Focusing on Non‑USD Stablecoins for Around‑the‑Clock Cross‑Border FX Settlement
Payward’s venture Reap has set its sights on a new frontier in the world of foreign‑exchange (FX) settlement: the use of stablecoins that are pegged to currencies other than the U.S. dollar. While most discussions about digital assets and cross‑border payments still revolve around USD‑denominated tokens, Reap believes that a broader palette of stablecoins—such as those tied to the Mexican peso, H…
Sept. 22, 2026, 12:05 p.m.