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Reap Joins Global Dollar Network to Expand Stablecoin Payment Infrastructure for Global Businesses
Reap Joins Global Dollar Network to Expand Stablecoin Payment Infrastructure for Global Businesses.
[PRESS RELEASE] Hong Kong, 3 December 2025 — Reap, a global fintech company that enables financial connectivity and access for businesses through stablecoin-enabled infrastructure, today announced it has joined Global Dollar Network (GDN), an enterprise-grade stablecoin network, in order to power instant, regulated dollar payments around the world.
Joining the Global Dollar Network is an integral part of Reap’s plan to deepen its stablecoin-enabled, multi-currency financial operations and payments stack for businesses across Asia, Africa, Latin America, and beyond to deliver instant 24/7 USD settlement, reduce operational friction, and unlock more efficient cross-border payments for global businesses. The US dollar’s share of international payments is about 50 percent and has also slightly increased in recent years (Federal Reserve, 2025). In Asia, where Reap is headquartered, over 80 percent of trade invoicing across the ASEAN+3 region is in US dollars (AMRO, 2024).
As GDN expands, Reap plans to integrate USDG into existing enterprise payment and treasury environments to develop real world use cases around regulated stablecoins. Reap operates a stablecoin-enabled card program, white-label stablecoin card issuance, and cross border payments platforms across emerging markets trade corridors where there is exponential growth in the use of stablecoins to facilitate USD settlement.
Global Dollar Network, which includes a range of leading enterprises across digital assets and fintech, is powered by USDG, a regulated US dollar stablecoin designed for global interoperability and enterprise adoption. USDG is issued by Paxos Digital Singapore, which is a Major Payment Institution supervised by the Monetary Authority of Singapore (MAS). USDG is also issued by Paxos Issuance Europe under the supervision of FIN-FSA and in compliance with MiCA.
Participating in the network provides Reap an opportunity to explore where regulated digital dollars could complement established financial processes, such as supplier payments, treasury movements, or cross-border financial operations, and assess their potential role in real-world payment and liquidity flows. For Reap’s client base including stablecoin-native companies, payment institutions, neobanks and multi-market corporates, the collaboration will eventually:
● Enable near-instant, 24/7 USDG settlement for B2B payments, payouts, and treasury management workflows
● Improve liquidity management for companies across bank accounts, stablecoins, and corporate card programs
● Offer a compliant, programmable infrastructure layer aligned with emerging global stablecoin standards
“Stablecoins are rapidly becoming the disruptive payment rail for global commerce, and networks like Global Dollar Network are a crucial part of driving their evolution,” said Daren Guo, Co-Founder of Reap. “Reap’s mission is to tap into the potential of stablecoins to enable companies to bring their financial operations onchain, anywhere and anytime. 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.”
Reap plans to embed GDN capabilities across its platform, spanning corporate cards, cross-border payment rails, treasury, and expense management tools. This will eventually enable businesses to initiate, receive, reconcile, and deploy USDG and other supported stablecoins directly within Reap’s ecosystem, while continuing to operate with fiat currency as needed.
“What businesses want is one seamless environment to hold, deploy, and account for dollars across both blockchain and banking rails,” said Felix Chung, Head of Corporate Development at Reap. “By integrating with Global Dollar Network, we are strengthening Reap’s role as a payments infrastructure layer connecting regulated, on-chain dollars and real-world financial operations. This gives our customers a more efficient way to move capital globally while keeping day-to-day workflows simple for finance teams.”
Reap will prioritize high-impact payment corridors and enterprise use cases where stablecoin settlement unlocks meaningful improvements in speed, cost, transparency, and capital efficiency. By joining the Global Dollar Network, Reap is helping extend its vision of a regulated, interoperable digital-dollar standard, to eventually power global B2B commerce at scale.
“Enterprises are asking for trusted, interoperable digital dollars they can plug into existing payment and treasury systems. Reap meets that need across multiple markets, and their integration with the Global Dollar Network will make it even easier for companies to move capital instantly and with confidence. We’re excited to welcome Reap as we advance a global, enterprise‑first standard for digital dollars.” shared Nick Robnett, Head of Crypto Business, Paxos.
About Reap
Reap is a global financial technology company that enables financial connectivity and access for businesses worldwide through stablecoin-enabled infrastructure. We transform the financial landscape through more 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 2024, Reap processed billions in stablecoin-funded transaction flows. From stablecoin-enabled corporate 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 over 200 people worldwide.
More information about Reap can be found at reap.global.
About Global Dollar Network
Global Dollar Network is the world’s fastest growing stablecoin network with unmatched economic upside. Powered by Global Dollar (USDG), a US dollar-backed stablecoin issued by Paxos Digital Singapore and Paxos Issuance Europe, Global Dollar Network offers a transparent and equitable economic model that rewards partners for their contributions. Global Dollar Network partners include industry leaders such as Anchorage Digital, Bullish, Kraken, OKX, Paxos, Robinhood, Worldpay and more.
USDG is available on Solana, Ink, X Layer and Ethereum.
Learn more at globaldollar.com.
Press Contact
Reap
Sue Ann Sim
PR & Communications Lead
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