REQ serves as the utility token for Request Network, an open-source protocol designed to facilitate global crypto payments for both individuals and businesses. The network offers decentralized infrastructure for cross-chain stablecoin transactions, allowing payers to send assets of their choice while recipients receive funds on their preferred chain and in their chosen token.

Through a single integration, users can access 95% of the global stablecoin supply across major networks such as Ethereum, Base, Polygon, Arbitrum, Optimism, Tron, and BNB Chain. In contrast to traditional payment processors, Request Network operates on a non-custodial basis; funds do not pass through the network and stay under the control of the participating parties during the entire transaction process.

The REQ token contributes to the protocol’s long-term sustainability and is integral to the ecosystem’s governance and economic structure. Since 2017, over $2 billion has been processed using Request Network technology.

Christophe Lassuyt and Etienne Tatur established Request Network in 2017. Currently, the Request Network Foundation handles the protocol's development, adoption, and long-term growth. The community owns the protocol via the REQ token, ensuring it stays open, permissionless, and available to everyone.

Request Network was created to facilitate crypto payments on a global scale.

The protocol allows businesses to:

• Accept cross-chain stablecoin payments via one integration
• Reach 95% of worldwide stablecoin liquidity
• Provide gasless payment experiences with a single click
• Process individual or batched payouts across different chains
• Verify sender wallets prior to executing payments
• Remove custodial middlemen from payment processes

Request Network simplifies many complexities linked to crypto transactions, such as bridging, swapping tokens, and handling gas fees.

This setup lets payers spend the assets they currently possess, while recipients get precisely what they need on their chosen chain.

REQ serves as the native utility token within the Request Network ecosystem. It helps ensure the protocol's long-term viability and facilitates participation in the ecosystem. With backing from the REQ community, the Request Network Foundation keeps working on developing the protocol and driving its adoption. For up-to-date details on REQ’s utility and tokenomics, users are advised to check the official Request Network documentation.

The initial launch of REQ established a fixed supply of 1 billion tokens. For up-to-date details on the current supply and ecosystem statistics, you should consult official Request Network materials or community dashboards. Before engaging with REQ, ensure you confirm the token contract addresses via official Request Network channels.

Request Network utilizes public blockchains and smart contracts to manage payment flows. As a non-custodial protocol, it ensures that users retain control of their funds during the entire transaction process.

To enhance safety, the network offers a decentralized payment page equipped with security measures that shield payers from malicious smart contracts prior to transaction approval.

Recent updates have introduced sender wallet screening, an optional feature for recipients to check wallets before executing payments, thereby minimizing risks associated with high-risk or frozen assets. Additionally, the protocol’s open-source code permits public review and auditing by the wider community.

You can purchase REQ on several major crypto platforms, such as Binance, Coinbase, Crypto.com, KuCoin, and Kraken, among others.

Access might differ based on your location and the specific markets each exchange supports.

Ensure you buy the authentic REQ token by using reputable exchanges and checking official Request Network channels.