What is Request (REQ)?

By CMC AI
30 June 2026 11:03AM (UTC+0)
TLDR

Request (REQ) is the native utility token of Request Network, a decentralized, open-source protocol built to facilitate global crypto payments and invoicing directly on the blockchain.

  1. Decentralized Payment Rails – It enables businesses and individuals to send and receive payments across multiple blockchains without intermediaries.

  2. Cross-Chain & Non-Custodial – The protocol supports stablecoins across major chains (like Ethereum, Base, Polygon, Tron) and never holds user funds.

  3. Token Utility & Governance – REQ supports the protocol's long-term sustainability, governance, and economic model through staking and fee mechanisms.

Deep Dive

1. Purpose & Value Proposition

Request Network solves the complexity of executing business payments with crypto. Traditional systems often involve custodial processors, fragmented chains, and manual bridging. This protocol creates decentralized payment rails where a payer can use any asset, and a recipient receives their preferred token and chain. Since 2017, over $2 billion has moved through its technology, highlighting real-world adoption for B2B invoicing, payroll, and mass payouts.

2. Key Differentiators

Its architecture is non-custodial—funds remain under users' control throughout the payment flow, enhancing security. A major innovation is cross-chain abstraction. A June 25, 2026 update enabled one-click mass payouts across the top 6 EVM chains and Tron in USDC/USDT, automating bridging and swapping (Decrypt). This makes Request the first protocol to combine EVM and Tron for large-scale payouts, crucial for regions like Asia and Latin America.

Conclusion

At its core, Request Network is an infrastructure layer that turns blockchain into a practical payment system for businesses, distinguished by its non-custodial design and seamless cross-chain functionality. How will its expanding API and compliance features, like integrated wallet screening, further bridge the gap between traditional finance and crypto?

CMC AI can make mistakes. Not financial advice.