Card issuing
Card issuing powered by stablecoins
Designed for
Apps that want branded cards people can spend stablecoins with, without arranging a sponsor bank.
Limitations
Card issuing only: pair it with another provider for pay-ins, accounts and payouts.
Not offered.
Not offered.
Virtual and physical cards funded from stablecoin balances, for consumers or businesses, with issuing, processing and program management under one contract.
medium confidence
Cards settle in USDC, and users can spend from custodial or self-custodial wallets on major chains.
medium confidence
What Rain has announced or is testing. Announced but not launched. These are plans, not products you can sign up for today: timing often slips, and some never ship.
Payouts from stablecoin balances
Send money from a stablecoin balance to bank accounts in 80+ countries and 50 currencies, converted to local currency by Rain’s partners. In beta for select partners, with broader availability and 95 countries planned by the end of 2026.
Expected by the end of 2026 · Announced Sep 2026
Credit card programs in Asia-Pacific
Rain extended its Visa membership to Asia-Pacific so partners can launch consumer and corporate credit card programs there, with first launches expected in Q2 2026. It did not name the markets, and we have not seen the first launches confirmed.
Expected Q2 2026, not launched yet · Announced Mar 2026 · medium confidence
Deeper review
What you can build on Rain: for other businesses, for your users, for consumers and with stablecoins.
Platform & marketplace
Run payments for other businesses: sign them up, take a cut, pay them out.
Create cardholders and their card accounts through the API; not general-purpose sub-accounts.
low confidence
Not confirmed.
low confidence
Announced, not yet live: Payouts from stablecoin balancesEmbedded finance for your users
Give your users financial products under your brand.
Card balances funded from each user’s stablecoin wallet.
low confidence
Virtual and physical Visa cards funded from stablecoin balances. Rain is a principal network member, so no sponsor bank is needed.
medium confidence
Announced, not yet live: Credit card programs in Asia-PacificConsumer apps
Build for individuals, not just businesses, the way Bridge allows.
Consumer programs are a core use case, for example Western Union’s Stablecard.
medium confidence
Cards connect to custodial or self-custodial wallets rather than Rain holding accounts.
medium confidence
Consumer stablecoin cards, live with partners such as Western Union.
medium confidence
Announced, not yet live: Credit card programs in Asia-PacificStablecoins
Dollar-backed tokens as a payment and treasury rail.
Not confirmed.
low confidence
Announced, not yet live: Payouts from stablecoin balancesStablecoin regulatory exposure
Where Rain’s stablecoin products are available, rated by how clear each country’s stablecoin rules are. This rates the rules, not Rain. How the scale works
Where the rules are restrictive or unclear
Available in 0 of the 170 countries we track, limited in 65, not yet reviewed in 100.
Rain issues as a principal card network member, without a sponsor bank, and reports card programs in 100+ countries. Whether a program can launch depends on where the company and its cardholders are.
Low confidence: best available public information. Confirm with the provider. Spotted a wrong country? Report it on that country’s page.
North America · 2
Latin America · 6
Europe · 31
Middle East · 4
Rain onboards businesses registered in 0 of the 170 countries we track, and in 65 more with limits (United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, Peru and 57 more). Not available: Cuba, Belarus, Russia, Iran and North Korea.
Countries where Rain onboards businesses (fully or with limits), by region: North America 2 of 2, Latin America 6 of 26, Europe 31 of 43, Middle East 4 of 14, Africa 6 of 49, Asia-Pacific 16 of 36.
Business cards: Virtual and physical cards funded from stablecoin balances, for consumers or businesses, with issuing, processing and program management under one contract. Stablecoins: Cards settle in USDC, and users can spend from custodial or self-custodial wallets on major chains.
Cards settle in USDC, and users can spend from custodial or self-custodial wallets on major chains.
Sub-accounts for your users: Partly (Create cardholders and their card accounts through the API; not general-purpose sub-accounts). Split payments and platform fees: No (Not a payment processor). Embeddable UI: Not confirmed (Not confirmed). Pay out to your users: Not confirmed (Not confirmed).
Sources
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