Company is now dual Principal License holder in Mexico and Hong Kong, card issuance solution expected to reach quarter million card users in Mexico.

Mexico City, Mexico, May 27th, 2026, Chainwire Company is now dual Principal License holder in Mexico and Hong Kong, card issuance solution expected to reach quarter million card users in Mexico Reap, a global technology company offering stablecoin-native payments infrastructure, today announced it has been granted Visa Principal Issuer Membership in Mexico. This marks a milestone in Reap’s global expansion into the Americas and strengthens the company’s ability to bring its industry leading credit card issuing solution to serve businesses worldwide. With Latin America and Asia currently two of the world’s largest remittance-receiving regions (UNDP, 2025; World Bank Data, 2024), Reap’s global expansion will tap on growing opportunities to support businesses to launch and scale with Visa, and be accepted at more than 150 million merchant locations worldwide. Latin America has 57.7 million crypto users and crypto adoption in the region grew 116% in 2024, which represents a fast-growing user base for stablecoin card issuers and card programs to tap into (Stablecoin Insider, 2025). In Asia there is currently US$2.4 trillion of on-chain stablecoin activity in the region, with corporate transactions surging from less than US$100 million in early 2023 to more than US$3 billion by early 2025 (Circle Forum Singapore), 2025). Based on growth projections, Reap expects to reach around a quarter of a million new card users in the market, with its first clients to arrive in Q2 2026. As part of Reap’s global expansion, Mexico will also serve as Reap's cross-border payments hub for the Americas, from which the company will begin to expand into more markets in the region. About Reap Reap is a global technology company building stablecoin-native and payments infrastructure that enables financial connectivity and access for businesses worldwide. Our mission is to transform the financial landscape for efficient money movement, by merging traditional finance with digital assets, bridging disparate economies, and connecting key financial markets. Reap was an early leader in Asia to incorporate stablecoins into our solutions. In 2025, Reap processed billions in stablecoin-funded transaction flows. From stablecoin-enabled corporate credit cards to cross-border payments, we streamline financial operations and empower companies to scale with our integrated business accounts and embedded finance solutions. Founded and headquartered in Hong Kong, Reap employs 300 people worldwide. More information about Reap can be found at reap global. Contact PR & Communications Lead Sue Ann Sim Reap

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