Nium

Reap

Stablecoin corporate cards and payments

Reap is a stablecoin financial infrastructure company that operates as a full-stack issuer of record — issuing directly and managing settlement to capture interchange, FX spread and reserve yield. It provides stablecoin-linked card issuance, spend and money-movement orchestration for businesses across Asia and beyond.

Stripe

Global payments platform with native stablecoin checkout

Stripe is the dominant internet payments platform. After acquiring stablecoin infrastructure startup Bridge for ~$1.1B in early 2025 and stablecoin wallet firm Privy, Stripe rolled out native stablecoin acceptance: every Stripe merchant can accept USDC (and USDB) through standard checkout, and Stripe powers USDC payments for millions of Shopify merchants. It charges a flat ~1.5% on stablecoin transactions.

Airwallex

Global payments and financial infrastructure platform

Airwallex is a global payments and treasury platform offering cross-border payments, multi-currency accounts, and embedded finance APIs. In 2025 it began building a dedicated stablecoin platform team to enable customers to buy, hold, send, and settle tokens worldwide, despite CEO Jack Zhang's public skepticism that stablecoins meaningfully improve G10-currency cross-border flows. It passed toward $1bn annualized revenue in 2025.

Almond FinTech

Intelligence layer for cross-border FX settlement

Almond FinTech is a B2B settlement-orchestration platform that powers near-instant cross-border FX for banks, fintechs and corporate treasuries. Its execution engine evaluates thousands of routes per transaction across 100+ stablecoins, blockchains and exchange pairs to optimize path, timing and composition, compressing settlement from T+2 to T+0 while improving FX rates by tens of basis points.

Ant International

Global cross-border payments arm of Ant Group (Alipay+ / Whale)

Ant International is the global arm of Ant Group, operating the Alipay+ cross-border wallet network and the Whale blockchain-based treasury platform, which processed over $600bn in global fund flows in 2025 with 95%+ same-day settlement. It is pursuing stablecoin licenses in Singapore and Hong Kong and integrates tokenized deposits from banks including JPMorgan Kinexys, DBS, Standard Chartered, and Deutsche Bank, favoring tokenized deposits over public-chain stablecoins.

Aquanow

Digital asset liquidity and infrastructure for institutions

Aquanow is a digital-asset liquidity and infrastructure provider serving 300+ institutional clients across 50 countries with trading, custody, payments and stablecoin settlement through a single backend integration. Its Pay product enables crypto and stablecoin payments and cross-border settlement, and the company holds a VARA VASP license in Dubai.