Reap Launches Virtual Asset Ledger for Direct Crypto Spending

Reap, a payment firm under Kraken's parent company Payward, has introduced a Virtual Asset Ledger. This service allows users of exchanges, wallets, and fintech platforms to spend balances like Bitcoin (BTC) directly via Visa cards issued by Reap. The system performs real-time currency conversion at the point of sale, eliminating the need for pre-conversion to stablecoins.