OSL collaborates with Reap to explore stablecoin payment consumption applications

Stablecoin infrastructure company OSL Group (HKEX: 863) and financial technology platform Reap announced a partnership, focusing on daily payments to promote the application of stablecoins in real-world scenarios.

This collaboration will combine OSL's accumulation in stablecoin infrastructure, liquidity, and compliant cross-border payment networks with Reap's experience in stablecoin issuance and cross-border payment infrastructure. Together, they will expand the application of stablecoins in personal consumption, corporate payments, expense management, and other real-world scenarios, while exploring the construction of stablecoin ecosystems such as agent payments. Kevin Cui, Executive Director and CEO of OSL Group, stated that OSL and Reap will jointly explore more solutions based on stablecoin infrastructure and application scenarios, bringing more quality products to customers and making compliant stablecoins a natural choice for enterprises and the public in daily consumption and payments.