Kraken's parent company, Payward, has launched a Mexican Peso stablecoin through its payment company, Reap.
2026-09-22 20:20:21
According to CoinMeta, Reap, the payment company under Payward (the parent company of Kraken), is preparing to introduce Mexican peso stablecoins into bank cards, cross-border payments, and corporate fund management products. They are also exploring stablecoins in Hong Kong dollars, euros, Korean won, and Japanese yen to support 24/7 on-chain foreign exchange settlements. Reap has obtained the main card-issuing membership in both Hong Kong and Mexico and is expanding related businesses through global stablecoin cooperation between the two regions. The company stated that its bank card and payment business transaction volume increased by 33% in the first half of 2026 compared to the same period last year. Currently, the specific issuers of these stablecoins and their launch dates have not been announced yet.
Source:CoinDesk
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