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Rain expands stablecoin card network with Mastercard partnership

Crypto Briefing
Rain has partnered with Mastercard to expand its stablecoin-backed card infrastructure for institutional clients.

Summary

Rain is broadening its stablecoin card infrastructure by partnering with Mastercard, supplementing its existing relationship with Visa. This collaboration allows Rain to support larger institutions that prefer specific payment networks and enables the exploration of stablecoin-based settlement. This move aligns with a broader industry trend toward integrating stablecoin technology into traditional financial rails, following similar efforts by competitors like Stripe and recent acquisitions by Mastercard.

(Source:Crypto Briefing)