Stablecoins have been a major theme this year, so it was no surprise to see them front and center at the Web Summit. But what Farooq M. shared from the stage is what most people are missing. He joined Chris Harmse from BVNK and Lissele Pratt to talk about what’s driving global momentum and why the adoption curve isn’t something we’re waiting on. It’s already here. People are using products built on stablecoin rails every day without even realizing it. That’s how real-world infrastructure should feel. At Rain, we help global platforms build for the future. Our end-to-end platform gives companies one integration to launch across markets with more control, fewer blockers, and a lot less hassle. The shift is happening and it's only getting faster. #WebSummit
About us
Rain develops and operates cutting edge digital asset authorization and settlement infrastructure in concert with its innovative payment card solutions. By connecting blockchain settlement with traditional financial systems like the Visa network, Rain drives adoption and utility for digital assets in enterprise and consumer use cases.
- Website
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www.rain.xyz
External link for Rain
- Industry
- Financial Services
- Company size
- 51-200 employees
- Type
- Privately Held
- Founded
- 2021
Employees at Rain
Updates
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Be on the lookout for three Rain nerds: Farooq M., Nick Pinto and Javier Vargas. We’ll be in Miami for the inaugural Fintech NerdCon, talking about the future of payments and card programs with operators building real-world utility on stablecoin-powered infrastructure. See you there!
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Building with Rain just got even more rewarding. We’ve acquired Uptop, the platform turning everyday card swipes into loyal fans. Their card-linked rewards tech is now part of Rain’s full-stack infrastructure, meaning rewards are built-in, not bolted on. Companies will be able to launch global card and wallet programs that come with: 💸 On-ramps to turn fiat into stablecoins 💳 Globally accepted cards for real-world spending 🎁 Built-in rewards to boost engagement 🌍 Stablecoin rails to make payments across borders Uptop is already behind rewards for the Cleveland Cavaliers, Detroit Pistons, Louisiana State University Athletics, and the Empire State Building—and soon, every Rain-powered program can tap into the same magic. Dive deeper: Press release: https://lnkd.in/evpaSnBw "Behind the Buy" blog post: https://lnkd.in/ee8bpyaT
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Rain is heading to #Devconnect in Buenos Aires. If you’re building real-world utility for onchain assets, connect with Edwin A. Rodriguez to learn how Rain powers payments in 150+ countries.
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When traditional payment rails create friction, people find faster ways to move and spend dollars. They’re not calling it a stablecoin card. They just describe what it does: “𝘐𝘵’𝘴 𝘮𝘺 𝘥𝘰𝘭𝘭𝘢𝘳 𝘤𝘢𝘳𝘥.” In this episode of StableMinded hosted by Drew Rogers from Stabledash, Rain CEO Farooq M. joins Visa’s Cuy Sheffield to break down how that’s already happening: ✔️ Live card programs settling directly with Visa in stablecoins, 7 days a week ✔️ Real-world adoption of “dollar cards” across emerging markets ✔️ Visa’s shift toward multi-format treasury and onchain settlement ✔️ Rain’s infrastructure powering global deployment with local compliance Listen to the full episode: https://lnkd.in/eUHugYQT
S6.1 | Visa & Rain ft. Cuy Sheffield and Farooq Malik
https://spotify.com
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Stablecoins' first act was all about faster cross-border settlement, but speed alone 𝙞𝙨𝙣’𝙩 𝙚𝙣𝙤𝙪𝙜𝙝. This next wave of adoption will require that they're actually 𝙪𝙨𝙖𝙗𝙡𝙚 everywhere people live, work, and play. That's exactly what Drew Rogers at Stabledash explores in Season 6 of Stableminded: how industry leaders are turning stablecoins from fast rails into everyday payments. The first episode drops tomorrow and features Farooq M. and Cuy Sheffield (Visa) — tune in! 🎧
Stableminded S6 — "The Rise of Stablecoin Payments". The lineup: 1 — Farooq M., Rain & Cuy Sheffield, Visa 2 — Rodri Fernández Touza, Crossmint 3 — Adam Lowe, Ph.D., Arculus, CompoSecure 4 — Chris Maurice, Yellow Card 5 — Anthony Apollo , State of Wyoming, Wyoming Stable Token Commission First episode with Farooq and Cuy drops Wednesday, 11/5. This season is powered by Rain 🩷 💳 Fresh off a $58M Series B led by Sapphire Ventures (total funding: $88.5M), Rain's infrastructure powers a more fluid financial system by bridging stablecoins to Visa rails, giving fintechs and developers the speed, flexibility, and global reach to make stablecoins spendable worldwide. Rain processed $196M in stablecoin card transactions in October alone. (Source below) The perfect partner for a season about the rise of stablecoin payments.
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Western Union made headlines last week with its embrace of stablecoins. Today, that story continues with Rain. If you think of stablecoins as the water, Rain is the pipes and taps that make them usable. Rain is integrating its infrastructure with the Western Union Digital Asset Network so that customers can convert onchain balances into local cash payouts at participating Western Union locations. Faster, more efficient settlement is only half the solution. Real-world usability—powered by Rain—turns digital dollars into everyday spending power for millions. https://lnkd.in/eXQ2HtNH
Western Union + Rain | Making Stablecoins Spendable
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We brought the rain to the Vegas desert at Money20/20. ☔️ Our conversations with fintechs, banks, and tech platforms made it clear that stablecoins are moving from “interesting” to “necessary,” and Rain is the partner to take you from pilot to production. With Rain, you can compliantly build and launch stablecoin-powered payment and card programs that reach 2.5B+ people. The future is onchain—let Rain get you there faster.
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Big congrats to NAKA on today’s launch at Lugano's Plan ₿ conference! After making waves in 2023 with their first card rollout, NAKA is now expanding across Latin America. This time it's all powered by Rain, letting cardholders spend everywhere Visa is accepted from day one. Here’s to the next phase of growth as NAKA brings real-world spending to more users, faster.
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Rain just landed on the CB Insights Fintech 100 — their annual list of the world’s most promising fintech companies. It’s an honor to join the ranks of past Fintech 100 legends like Plaid, Brex, Revolut, Ramp, and many others who’ve reshaped how money moves. At Rain, we’re bringing Web3 technologies to every company by building the onchain infrastructure that makes payments faster, simpler, and truly global. Massive credit to our team and partners! Let’s keep making waves.
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