{"id":27464,"date":"2026-05-04T14:21:43","date_gmt":"2026-05-04T14:21:43","guid":{"rendered":"https:\/\/bitunikey.com\/news\/rain-adds-mastercard-support-as-1-95b-stablecoin-startup-targets-on-chain-settlement\/"},"modified":"2026-05-04T14:21:59","modified_gmt":"2026-05-04T14:21:59","slug":"rain-adds-mastercard-support-as-1-95b-stablecoin-startup-targets-on-chain-settlement","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/rain-adds-mastercard-support-as-1-95b-stablecoin-startup-targets-on-chain-settlement\/","title":{"rendered":"Rain adds Mastercard support as $1.95B stablecoin startup targets on-chain settlement"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Rain, a $1.95B-valued stablecoin infrastructure firm, is adding Mastercard support to extend its Visa-based model and plug on-chain settlement into legacy payment systems.<\/p>\n<div id=\"cn-block-summary-block_c911e575fb8f8abeb4a350d8e97144ac\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Stablecoin infrastructure firm Rain, valued at $1.95 billion, has secured a partnership with Mastercard to issue credit and prepaid cards and to pilot stablecoin-based settlement flows for institutional clients.<\/li>\n<li>The deal marks Rain\u2019s move from a Visa-only setup to a dual-network model, aimed at letting large enterprises add stablecoin settlement \u201cwithout changing their existing payment systems.\u201d<\/li>\n<li>The tie-up comes as players like Stripe and Coinbase roll out their own stablecoin payment rails, accelerating the convergence of traditional finance and crypto settlement.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Stablecoin payments startup Rain, fresh off a $250 million Series C at a $1.95 billion valuation, has announced a new partnership with Mastercard to issue both credit and prepaid cards and to \u201cexplore pathways for using stablecoins for payment settlements\u201d across the card giant\u2019s network.<\/p>\n<h2 class=\"wp-block-heading\">Mastercard deal pushes Rain into dual-network phase<\/h2>\n<p>Rain previously built its business primarily around Visa, with its infrastructure allowing enterprises to \u201claunch compliant payment programmes through a single provider\u201d and issue cards that let users spend stablecoins anywhere Visa is accepted, while settlements to Visa itself occur in stablecoins on-chain.<\/p>\n<p>The Mastercard collaboration moves the company into what it describes as a \u201cdual card network\u201d phase, broadening its reach into institutions that are deeply tied to Mastercard\u2019s rails and may have limited flexibility to switch providers.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Rain said the focus of the new arrangement is large institutional clients that are \u201cdeeply tied to a single payment network,\u201d enabling them to bolt on stablecoin settlement capabilities \u201cwithout changing their existing payment systems\u201d by letting Rain handle on-chain treasury, conversion, and settlement in the background.<\/p>\n<h2 class=\"wp-block-heading\" id=\"stablecoins-shift-from-trading-tool-to-settlement\">Stablecoins shift from trading tool to settlement plumbing<\/h2>\n<p>The partnership fits into Mastercard\u2019s broader stablecoin push, which already includes acquisition of infrastructure firms like BVNK and pilots with issuers such as Circle and Paxos to use stablecoins as wholesale settlement assets inside its Multi-Token Network.<\/p>\n<p>Industry observers note that Rain\u2019s model \u2014 where \u201call customer settlements happen in stablecoins, and all payments to Visa settle in stablecoins on-chain\u201d \u2014 is now being extended to Mastercard, turning card networks themselves into interfaces for blockchain-based settlement rails.<\/p>\n<p>At the same time, mainstream firms such as Stripe and Coinbase are weaving stablecoins into their own systems: Stripe recently rolled out \u201cfull-stack stablecoin solutions\u201d that let merchants accept stablecoins and settle in fiat balances, while Coinbase has pushed USDC into commerce, remittances, and on-chain corporate payouts.<\/p>\n<p>A recent crypto.news\u00a0<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/stablecoininsider.org\/rain-global-stablecoin-payments\/\">briefing<\/a>\u00a0described Rain as trying to build the \u201cglobal backbone for stablecoin payments,\u201d citing 38x volume growth and its role in making stablecoin spending feel indistinguishable from traditional card transactions.<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/stablecoininsider.org\/rain-global-stablecoin-payments\/\"><\/a><\/p>\n<p>Another crypto.news\u00a0<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/techfundingnews.com\/unicorn-alert-rain-secures-250m-at-1-95b-valuation-to-build-the-global-backbone-for-stablecoin-payme\/\">overview<\/a>\u00a0highlighted how the firm\u2019s platform lets businesses issue wallets, convert fiat to stablecoins, and make cross-border payouts with the same ease as domestic transfers.<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/techfundingnews.com\/unicorn-alert-rain-secures-250m-at-1-95b-valuation-to-build-the-global-backbone-for-stablecoin-payments\/\"><\/a><\/p>\n<p>A separate crypto.news\u00a0<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/insights4vc.substack.com\/p\/the-state-of-stablecoin-cards\">analysis<\/a>\u00a0argued that as regulatory clarity improves, stablecoins are \u201crapidly shifting from trading chips on exchanges to the settlement medium for enterprise payments and cross-border commerce,\u201d a thesis Rain and Mastercard now appear intent on testing at scale.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rain, a $1.95B-valued stablecoin infrastructure firm, is adding Mastercard support to extend its Visa-based model and plug on-chain settlement into legacy payment systems. Summary Stablecoin infrastructure firm Rain, valued at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=27464"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27464\/revisions"}],"predecessor-version":[{"id":27465,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27464\/revisions\/27465"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4599"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=27464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=27464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=27464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}