Presentation of blockchain potential to allow daily financial transactions
NEW YORK,, May 1, 2025 / Prnewswire / – Rain, a global platform for publishing cards built for Stablecoins, helps inaugurate a new era of ONCHAIN funding thanks to its work with Visa.
Today, Rain has announced that she had joined the visa pilot program for the colony of Stablecoin. The rain has fully tokenized its credit card claims and has transferred all payment transactions for its visa cards to USDC, to now be able to pay with a visa 7 days a week, 365 days a year.
The rain provides a Backend – API infrastructure, compliance layers and regulation logic – which allows fintechs and wallets to build and launch card programs related to stables. As the demand for real time, global payments increases, the rain is experiencing a strong dynamic of partners who seek to emit and use onchain cards and to settle in stablecoins.
7 -day regulation at the Stable range
The Rain owner settlement battery provides all the logic of authorization and the regulations. The technological battery of Rain allows card transactions on the Visa network to be interoperable with the stablescoins on several blockchains. When a user makes a payment with a visa card delivered by rain, Visa settles with the merchant buyer as usual. The rain fired by program by program of stablescoins allowing a colony of the network 7 days a week, 365 days a year.
Tokenized credit card creitors
The Rain platform has also fully tokenized its credit card receivables, allowing more effective management and transparency of capital through the system. These capacities help fintechs to go on the market faster with new products. While giving consumers access to interoperable payment experiences to digital first in the world.
The rain is also proud to announce a World First: Finances to receive closed loop credit cards using stabbed. Rain works with a network of capital partners – borrow stablescoins to facilitate network regulations for credit card claims. By borrowing and reimbursing among lenders, by reducing rain, it was able to reduce the total cost of capital for credit programs to consumers and B2B while offering lenders access to higher guarantee and programmatic reimbursements supplied by smart contracts. This powerful construction has the potential to unlock access to credit for underdeveloped financial markets, while unlocking operational gains and significant capital for rain and rain programs.
“By participating in the Visa USDC settlement program, we are now able to conclude 7 days a week, 365 days a year, operating outside traditional banking hours. USDC regulations allow us to be more effective in capital – helping to reduce the need for guarantee while providing our counterparts to the same level of protection. Farooq MalikCEO and co-founder of Rain.
“The displacement of money through borders has always been complex, but blockchain technology and stabbed help to change this,” said Rubail Birwadker, Manager of Growth Products and Partnerships, Visa. “Our work with the rain to help bring outstanding and allow a seven -day settlement is a big step to help simplify world payments.”
This is only the beginning. The rain continues to explore new ways to improve the usefulness of stablescoins, such as its pile of colonial regulations and the authorization of the blockchain, which allow Credit together to exist entirely onchain. Rain opens the way to a more efficient, transparent and accessible financial ecosystem that reduces working capital, reduces fraud and stimulates improvements in operational results.
Main membership visa
A main member of the visa, Rain allows transparent payment solutions to more than 150 million places of visa merchants in the world. Using stablecoins for daily automated regulations with the Visa network, the rain doubles its mission to integrate blockchain technology into traditional financial systems, which makes digital assets interoperable for cases of daily use.
On the rain: Rain is a global platform issuing card powered by stablecoins. The company, founded in 2021 Farooq Malik And Charles NautSponsors and operates card programs on several markets as a main member of the visa. The rain is supported by Norwest Venture Partners, Lightspeed Venture Partners, Galaxy Ventures, Coinbase Ventures and others. Learn more about https://www.rain.xyz/
Contact: Charles Yoo-Naut; Charles@rain.xyz
