Reap outsources custody and compliance
Reap
This setup lets Reap act like a stablecoin payments company, not a crypto security vendor. Fireblocks handles the hard part of holding and moving customer funds safely, while Chainalysis watches the money as it moves and flags risky wallets and suspicious patterns. That means Reap can focus engineering on cards, FX, and cross border settlement, while still offering the controls larger partners expect before trusting a provider with business payments.
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Fireblocks is not just a wallet. It provides MPC based key management, approval workflows, policy rules, and audit trails around every transfer. In practice, that gives Reap institutional style custody and transaction controls without building its own wallet infrastructure and security team from scratch.
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Chainalysis adds the compliance layer. Its KYT product screens transactions in real time, scores wallet risk, and helps block flows tied to sanctions, fraud, or laundering. Reap disclosed that Chainalysis plugs into the same Fireblocks wallet stack, so monitoring sits directly on top of custody operations.
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This is especially important for Reap because its product sits in the middle of card issuing and cross border money movement. The company already relies on Thredd for payment processing and card logistics, which shows the broader model, assemble regulated and secure infrastructure partners, then package them into a faster stablecoin native stack.
As stablecoin payments move from crypto native users to mainstream business workflows, this partner led architecture becomes more valuable. The winners are likely to be the companies that turn custody, screening, card issuance, and settlement into one clean API product, while keeping the regulated and security heavy pieces modular underneath.