BUSINESSTHE BLOCK
Rain CEO says stablecoin payments reach more than 100,000 merchants without them knowing it
The CEO of Rain stated that stablecoin payments are rapidly expanding in adoption. These payment methods have reportedly reached more than 100,000 merchants.
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Adjacent reporting
- Stablecoin startup Rain is worth $1.95 billion and plans to issue cards with Mastercard in a push to woo institutional customers
- Stablecoin card spend is growing 100% year over year, Rain exec says
- Monad Partners with Rain to Expand Stablecoin Card Payment Ecosystem Across 150 Countries
- Stablecoin startup Rain joins Mastercard as a Principal Member
- Stablecoin transaction volume hits record $1.79T in June
- Stablecoins are maturing, and their use cases are expanding rapidly.