It shows the potential of the blockchain that enables everyday financial transactions.
New York,,, May 1, 2025 Rain, a global card issuing platform built for Stablecoins, helps you to guide the new era of Onchain Finance through visa work.
Today Rain has joined VISA’s pilot program for Stablecoin Settlement. Rain has completely token credit card bonds and has been able to settle all payment transactions for the VISA card to USDC and settle for 7 days a week for 365 days a week.
Rain provides a backend infrastructure that allows API, compliance layer and payment logic (API) and wallet to build a Stablecoin-connection card program. As the demand for real -time increases, as the global payment increases, Rain is seeing the strong driving force of the partner to issue and use the onchain card.
7 days stable coin settlement
Rain’s exclusive settlement stack brings all authority logic and settlement. Rain’s technical stack allows you to interact with Stablecoin in multiple blockchains. When the user pays with a rainy Visa card, the visa settles with the seller acquiser as usual. Rain uses Stablecoin as a programming manner, enabling network payments for 7 days and 365 days a week.
Token Credit Card Bonds
Rain’s platform also completely token credit card bonds to enable more efficient capital management and transparency in the system. These features help Fintechs to enter the market faster with new products. At the same time, consumers give access to the worldwide interoperable payment experience.
Rain is also proud to use Stablecoins to announce the money payment financing of World First: Closed LOOP Credit Card. Rain lends STABLECOIN to cooperate with a capital partner network to facilitate network payments for credit card bonds. By borrowing and repaying it by a loan institution, Rain was able to reduce the total capital cost of consumers and B2B credit programs, and the loan institution could provide access to the excellent collateral and programming repayment driven by a smart contract. This powerful configuration has the potential to unlock credit access to users in the low -developed financial market, and unlocks significant operation and capital efficiency for non and non -non -non -and -lane power programs.
“By participating in the VISA’s USDC agreement program, we can now operate 365 days outside of traditional banking time, 7 days a week, and USDC payments can help us to reduce the need for collateral while providing the same level of protection to the other person, which provides new standards to the publisher. FARAQ MALIKRain’s CEO and co -founder.
“It’s always complicated to move money across the border, but blockchain technology and stablecoin are helping that change,” said Rubail Birwadker, the head of VISA’s growth product and partnership. This is a big stage that helps. “
This is just the beginning. Rain continues to explore new ways to improve the usefulness of stablecoin, such as asset offensive stacks and blockchain permits, which allows credit to be completely exists. Rain opens up a more efficient, transparent and accessible financial ecosystem that reduces driving capital, reduces fraud and leads the improvement of operational results.
Visa Principal Member
Rain, the principal of the visa, enables smooth payment solutions at more than 150 million visa acceptance stores worldwide. By using Stablecoin for automated daily settlement using the Visa Network, Rain doubles the mission of integrating blockchain technology with traditional financial systems, allowing digital assets to interact every day in everyday use.
About rain: Rain is a global card issuing platform run by Stablecoins. This company was established in 2021 FARAQ MALIK and Charles NohAs a visa principal, we support and operate card programs in various markets. Rain is supported by Norwest Venture Partners, LightSpeed Venture Partners, Galaxy Ventures, and Coinbase Ventures. Learn more https://www.rain.xyz/
Contact: Charles yoo-naut; charles@rain.xyz