Rain has launched an embedded stablecoin wallet that supports 12 blockchains and integrates with 175 million merchants worldwide.
50 minutes ago
Stablecoin payment platform Rain has announced the launch of an embedded stablecoin wallet, allowing partners to integrate the wallet directly into their own applications, with a single integration to access Rain’s services including debit cards, virtual accounts, rewards, fiat on-ramps/off-ramps, and global payments. Rain’s wallet supports 12 blockchains: Arbitrum, Avalanche, Base, BNB Chain, Celo, Ethereum, Monad, Plasma, Optimism, Polygon, Solana, and ZKsync, and can hold stablecoins like USDC and USDT as well as other crypto assets. Users can receive, save, spend, and transfer funds via the same stablecoin balance, and use Rain-issued debit cards to make purchases at 175 million merchant locations worldwide. Currently, non-custodial wallets are available to Rain partners, with users holding their own private keys; custodial wallets and stablecoin balance yield features are expected to launch by the end of 2026. Rain stated that its platform aims to integrate stablecoin holding, payments, and money transfers into a unified application experience.
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