New integrations expand the multi-chain support of Rain and enable partners to easily insert stablecoin-based card programs on even more blockchains at the same time
Rainthe global map output platform based on stablecoins, today announced the native support for Solana, Tron and Stellar, expanding their mission to build a modern financial infrastructure that is more accessible, programmable and global. With these integrations, Rain enables partners who build on the high-performance infrastructure of Solana, the stable ecosystem of Tron and the network of Stellar geared to transfers, to start quickly compliant card programs and to use stable coins for real payments, including consumer and B2B expenses, cross-border withdrawals and platform payments.
Rain is the only Visa Principal Member that enables partners to use and manage programs via several blockchains at the same time. This option is available by default and supports both mealing and non -protected wallets. It simplifies the edition of cards that can be used worldwide by stock exchanges, fintechs, neobanks and platforms and enables the immediate use of stable coins at over 150 million visa acceptance points.
“The quick development of solutions that meet the requirements of our partners is part of Rain’s commitment to building a more global, more open and efficient financial infrastructure,” said Charles Yoo-Naut, CTO and co-founder of Rain. “Thanks to the native support of Solana, Tron and Stellar, we now provide our solution in even more ecosystems and enable our partners to develop scalable card programs based on stable coins that improve payments for everyone.”
An example of this is Cupboarda Neobank app based on Solana, which in cooperation with Rain offers brand cards with which users can output stable coins directly from their wallet. Thanks to the fast and inexpensive architecture of Solana, Kast can develop seamless payment experiences in real time for its growing user base in global markets.
Another example is OfframpA FinTech platform based on Tron and works with Rain on your card program. Offramp has set itself the task of enabling people worldwide more financial freedom and has a strong presence in Latin America. With a visa card published by Rain, users can use digital dollars wherever visas are accepted, which means that on-chain assets in the real world can be used.
These new integrations are a response to the increasing demand for platforms, which enable seamless expenses on stable coins and want to expand access to cards across ecosystems. Rain already supports Arbitrum, Optimism and Polygon. This expansion consolidates Rain’s leadership position as a provider of a multi-chain card infrastructure with native stable coin support.
Rain has one in March Serie-A financing round of $ 24.5 million completed. Today’s announcement marks a further step in the rapid development of Rain and underlines the company’s commitment to use capital to support new partners, to expand its global presence and to use the increasing demand for programmable payment solutions worldwide.
Information on Rain: Rain is a global platform for the output of cards and payments based on stable coins. As Visa Principal Member, Rain enables its partners the quick and conformity introduction of brand card programs without relying on third-party banks or fragmented infrastructures. The developer-friendly API from Rain offers a fully customizable full-stack output solution that supports both customer and non-customer walls and works native via several blockchain networks. Rain cards are accepted by over 150 million dealers worldwide, so that digital assets can be used immediately wherever visas are accepted. Rain enjoys the trust of industry leaders and builds up important financial infrastructures in order to enable more efficient money flow around the world. More information at https://www.rain.xyz/