Hyperscale Data Forms Mining Subsidiary, Reap Plans Multi-Currency Stablecoins for 24/7 FX Settlement

Hyperscale Data (NYSE: GPUS) has established a wholly-owned subsidiary, Patriot BTC, to independently manage its cryptocurrency mining operations and related assets. Meanwhile, payment platform Reap, supported by Kraken's parent company Payward, plans to launch local currency stablecoins—starting with the Mexican Peso (MXN)—to enable 24/7 on-chain foreign exchange settlement. Future plans include stablecoins for HKD, EUR, KRW, and JPY to bypass traditional banking hours.