$0.0513

REQ is the utility token of Request Network, an open-source protocol that enables businesses and individuals to send and receive crypto payments globally. Request Network provides decentralized payment rails that support cross-chain stablecoin payments and payouts. The protocol allows payers to use the assets they want while recipients receive the token and settlement chain they prefer. With a single integration, anyone can access 95% of global stablecoin supply across major chains, including Ethereum, Base, Polygon, Arbitrum, Optimism, Tron, and BNB Chain. Unlike traditional payment processors, Request Network is non-custodial. Funds never transit through Request Network and remain under the control of the parties involved throughout the payment flow. The REQ token supports the long-term sustainability of the protocol and plays a role in the ecosystem's governance and economic model. Since 2017, more than $2 billion has moved through Request Network technology.

Request Network was originally founded in 2017 by Christophe Lassuyt and Etienne Tatur. Today, Request Network is developed by the Request Network Foundation that supports the protocol's development, adoption, and long-term growth. The protocol is community-owned through the REQ token and remains open, permissionless, and accessible to anyone.

Request Network was built to make crypto payments practical at global scale. The protocol enables businesses to accept cross-chain stablecoin payments through a single integration, access 95% of global stablecoin liquidity, offer one-click gasless payment experiences, execute single or batch payouts across chains, screen sender wallets before payment execution, and eliminate custodial intermediaries from payment flows. Request Network abstracts much of the complexity traditionally associated with crypto payments, including bridging, token swaps, and gas management. This allows payers to use the assets they already hold while recipients receive exactly what they want on their preferred chain.

REQ is the native utility token of the Request Network ecosystem. The token contributes to the protocol's long-term sustainability and supports ecosystem participation. The Request Network Foundation continues to develop and promote the adoption of the protocol with support from the REQ ecosystem. For the latest information regarding REQ utility and tokenomics, users should refer to the official Request Network documentation.

REQ launched with a fixed initial supply of 1 billion tokens. Current supply information and ecosystem metrics can be found through official Request Network resources and community dashboards. Always verify token contract addresses through official Request Network channels before interacting with REQ.

Request Network leverages public blockchain networks and smart contracts to facilitate payment flows. The protocol is non-custodial, meaning users maintain control of their funds throughout the payment process. Request Network also provides a decentralized payment page designed to help users complete transactions safely. The payment page includes security features that help protect payers from interacting with malicious smart contracts before approving a transaction. Recent protocol developments include sender wallet screening capabilities, allowing recipients to optionally screen wallets before payment execution to help reduce exposure to high-risk funds and frozen assets. The protocol's open-source nature allows its codebase to be publicly reviewed and audited by the broader ecosystem.

REQ is available on a number of leading cryptocurrency exchanges, including Binance, Coinbase, Crypto.com, KuCoin, Kraken and others. Availability may vary depending on your jurisdiction and the exchange's supported markets. Always verify that you are purchasing the official REQ token through trusted exchanges and official Request Network resources.