product · May 18, 2026
Reap and TerraPay Partner to Expand Local Payout Corridors Globally
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Reap announced a strategic partnership with TerraPay on May 15 2026 to expand local cross-border payouts through domestic clearing systems. The deal combines Reap’s stablecoin-native treasury infrastructure with TerraPay’s licensed single-API connectivity across North America, Europe, APAC, and the Middle East. Benefits include faster settlement than traditional multi-day rails and costs below the 1 to 1.5 percent fees of correspondent banking. Daren Guo and Ani Sane noted improved liquidity management and capital efficiency for global companies. The partnership plans further corridor expansion plus FX optimization and operational improvements.
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