Rain, a crypto card platform that gives users to spend stablecoins anywhere to receive visa (V), Says It added support for Solana
Tron and stellar networks.
The update makes it easier for companies to build on chains to launch their own branded cards, supported by either custodial or non-custodial wallets, which work on the boundaries and cases of payment use. Users can pay with Stablecoins to real-world scenarios such as buying groceries, sending business payouts or receiving foreign funds.
The move emphasizes the growing trend of use of blockchain metals for day -to -day payments, especially in the form of stablecoins, a special subset of digital tokens tied to Fiat currencies. Stablecoin payment amount taken in February this year costs an annual $ 72.3 billion, a fresh report from Artemis shown.
The rain raised $ 24.5 million in a series of a round in March and said the demand for card programs tied to Stablecoins accelerated, especially on platforms looking to bridge digital assets and sun -day spending.
The startup says this is the only member of the Visa Principal that offers a multi-chain card issuance outside the box, which means that developers can tap into an API to launch global payments using Stablecoins. The firm has already supported arbitrum, optimism and polygon, but new additions bring to networks known for speed (Solana), remittances (stellar) and high stablecoin volume (TRON).
Applications along with the cast and offramp are already placing the platform to be used, the company said. The cast, built in Solana, issues of cards that directly connect to users’ purse, which enables real-time spending. Offramp, based on Tron, rolls cards in Latin America to expand access to dollar-based payments.
Read more: Tether, Tron leads the fast -growing arena of Stablecoin payments, survey shows
