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Reap Leverages Fireblocks to Enable Crypto Repayments with the Reap Card
- chainwire
- 2023-01-12
- 3738
- NEWS
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Summary:Reap, the financial and global fintech company powering expense management through the industry first Reap Visa Corporate Card (“Reap Card”) platform,
Rip is a financial and global financial management company. The innovative Rip Visa corporate card ("Rip Card") service platform promotes fee management and has launched a world-leading breakthrough, including the role of Web3 industry cryptocurrency in loan repayment. Together with the Reap card, Reap has given fee management software, which will enable web3 enterprises to use cryptocurrency to clear their legal payments, and create browsing and financial connections for various enterprises based on independent innovation.
Daren Guo, founder of Reap, He said: "We have noticed that there is a gap in web3 engineering projects involved in the payment industry. Such projects use cryptocurrency and other legal tender settlement companies to face difficulties at the cost level. Because traditional banks cannot set industry standards for these web3 business processes, there is currently no seamless scalability solution to convert cryptocurrency into legal tender. 3 Enterprise and Internet legal economic development."
Reliability and reliability are the concerns of users who use Web3 technology. In order to build a reliable ecosystem, Reap is integrated with Fireblocks. The latter is a convenient application channel to establish new products of distributed ledgers and manage daily data asset management.
Stephen Richardson, Vice President of Financial System at Fireblocks, add: "At the level of creating customer trust, the security of digital currency is particularly important, which is why we are very happy to cooperate with Reap to provide safe and friction-free payment for web3 creators. Reap's solutions are committed to improving the operational efficiency of web3 engineering projects, so that the founders and project users can be more confident in building technological innovation products. We are extremely proud to cooperate with such innovative companies as Reap to provide the next Support for digital currencies. "
According to the seamless splicing application of USDC, USDT, BTC and ETH, the seed receiving card simplifies the operation process of clearing the world's payments in legal currency to ease the problem of expensive service charges including several importers and exporters. Gnosis, the data service provider, has already applied this service project to grasp how to simplify the complicated currency exchange process and charging problems of the Reap Card at the same time, and then spare the management time to focus on key business operations.
Dosh, the communication and sales team of Gnosis, said: "As an early adopter of the Reap Card, we can use its technological innovation product module to seamlessly splice the clearing and payment in legal tender.". "Reap's solution is especially effective for avoiding the problems and obstacles that are often encountered when applying cryptocurrency to the navigation bar in the traditional banking system."
Reap envisions a future in which every company, regardless of its business scale and industry, can play its full development potential by building and innovating financial solutions. Reap focuses on achieving success in harmony with all categories of companies in the ever-changing competitive international market to seize opportunities around the world.
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