product · May 17, 2026
Reap and TerraPay Partner to Expand Local Payout Corridors Globally
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Reap announced a strategic partnership with TerraPay on May 14 2026 to expand local cross-border payouts through direct access to domestic clearing systems worldwide. The partnership combines Reap’s stablecoin-native treasury and programmable payout infrastructure with TerraPay’s licensed single-API connectivity to local payment rails across North America Europe APAC and the Middle East. Traditional cross-border payments cost 1 to 1.5 percent or more of transaction value and generate 120 billion dollars per year in fees according to a JP Morgan report. Ani Sane Chief Business Officer and Co-Founder at TerraPay stated the partnership solves liquidity management challenges by combining programmable treasury capabilities with TerraPay’s global network.