Request Crypto
About Request Crypto
Request Crypto refers to the use of the Request Network protocol and its REQ token to enable blockchain based payments, invoicing, and finance workflows for enterprises and individuals, including crypto native billers and payroll workflows.
Trend Decomposition
Trigger: Growing demand for real time, cross border, cost efficient invoicing and payments using crypto rails.
Behavior change: Businesses increasingly accept, issue, and reconcile crypto payments and invoices via programmable APIs.
Enabler: Open source protocol, interoperability with multiple blockchains, and non custodial payment/non custodial accounting capabilities.
Constraint removed: Elimination of reliance on traditional intermediaries for payments and invoicing; reduced settlement latency and fees.
PESTLE Analysis
Political: Regulatory clarity around crypto payments and compliance driven finance tools accelerates enterprise adoption.
Economic: Lower cross border costs and faster settlements improve working capital and cash flow management.
Social: Increased trust in programmable finance tools among B2B customers and suppliers through transparent invoicing.
Technological: Advances in blockchain interoperability, smart contracts, and API first fintech platforms enable seamless integration.
Legal: Evolving regulatory frameworks around crypto accounting, tax treatment, and digital asset custody shape usage.
Environmental: Minimal direct environmental impact; focus on scalable fintech infrastructure and efficiency gains.
Jobs to be done framework
What problem does this trend help solve?
It solves the friction of invoicing, paying, and reconciling across fiat and crypto rails with auditable, non custodial processes.What workaround existed before?
Traditional invoicing/payments with fiat rails and third party payment processors; manual reconciliation; limited crypto native tooling.What outcome matters most?
Certainty and speed of settlement, lower costs, and transparent accounting.Consumer Trend canvas
Basic Need: Efficient, transparent, and interoperable financial transactions across multiple asset types.
Drivers of Change: Demand for crypto payments in business, API enabled fintech, and cross border efficiency.
Emerging Consumer Needs: Easy invoicing in crypto, auditable payment trails, and programmable payments.
New Consumer Expectations: Seamless integration, low fees, and clear reconciliation data.
Inspirations / Signals: Growth of crypto payment APIs, adoption by fintechs, and rising use of stablecoins for business payments.
Innovations Emerging: Cross chain payment rails, enhanced accounting tooling, and non custodial payment workflows.
Companies to watch
- Request Network - Open source protocol enabling crypto payments, invoices, and payments workflows.
- Request Finance - All in one finance app for managing crypto and fiat invoices, salaries, and expenses.
- Coinbase - Supports purchasing and interacting with REQ on a major crypto exchange; ecosystem integration.
- Crypto.com - Supports REQ in wallets/exchanges; integrates with payments ecosystem.
- Binance - Exchange supporting REQ trading; broad crypto liquidity.
- KuCoin - Exchange listing REQ; liquidity source for traders.
- CoinMarketCap (REQ profiles/information) - Provides price data and project overview for REQ.
- Request API (Request Finance API) - API for blockchain interactions and crypto/fiat accounting.
- Request Network (official ecosystem) - Core protocol and governance for decentralized payments and invoices.
- Potential enterprise adopters (example partners) - Enterprises and DAOs exploring crypto based spend management.