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Onchain rails have proven their value.
Rain is making them usable by everyone, and keeping them invisible in the process.
Today, we’re announcing our $250M Series C at a $1.95B valuation to keep building.
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Rain
816 posts
Rain
@raincards
Stablecoin-powered cards and everything needed to support them
- Rain is a founding member of the @avax Payments Collective. A group of payments companies, fintechs, and stablecoin issuers building settlement infrastructure on Avalanche for moving money globally. The future of payments runs on open standards.
- Today’s the day — Plasma One is live. On the surface, users enjoy a sleek UX. Under the hood, Rain’s stablecoin infra powers global spending everywhere Visa is accepted. Congrats @Plasma team!
- Most onchain exploits happen after deployment, not before. That's what @guardrailai was built to solve. Rain has been a customer. Today we're bringing the team in-house. Welcome to the newest Rainmakers! rain.xyz/resources/behi…
- Rain reposted
Introducing Rewards. It's the first onchain rewards program native to a card issuing stack. Partners can offer the same caliber of rewards as traditional programs, plus capabilities those programs can't match. When a user swipes their card, points are minted onchain once theRewards are LIVE The first loyalty platform native to stablecoin cards. Cash back, flights, hotels + more. The best cards now run on stablecoins.
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Stablecoin cards just reached feature parity with traditional programs. Rewards are now built into Rain's issuing stack. Combined with blockchain-native capabilities, it's the best of both worlds for our partners and their customers. Onwards.Rewards are LIVE The first loyalty platform native to stablecoin cards. Cash back, flights, hotels + more. The best cards now run on stablecoins.00:00 - Rewards are LIVE The first loyalty platform native to stablecoin cards. Cash back, flights, hotels + more. The best cards now run on stablecoins.00:00Replying to @raincardsIf you're building a card program and want rewards native from day one, reach out.
- Latin America moved $1.5T onchain in three years. Most of it in stablecoins. Today we published the State of Stablecoins in Latin America. The finding: adoption is structural, not speculative. And the companies driving it are homegrown.
Replying to @raincards🇦🇷 Argentina The peso lost more than 99% of its value in a decade. Households moved their savings into digital dollars, which now make up the majority of crypto bought on exchanges in the country.The companies that built this market are local. @Bitso, @RipioApp, @MercadoPago, @belo_app, @somosmeru, @TakenosApp, and @Felixpago were all here years before stablecoins hit the global agenda. Full report, in English and Spanish:
