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Rain's Stablecoin Card Consumption Grows 105%-106% Year-over-Year, Eyes Double-Digit Market Share in Latin America

Partnerships & Ecosystem Capital Flow

2026-05-08 10:23:54

According to CoinDesk, Rain's stablecoin card retail consumption grew 105%-106% year-over-year, with the payment infrastructure platform expecting double-digit market share in select Latin American markets. The cards allow users to spend USDT, USDC, and other stablecoins directly via Mastercard networks for daily purchases, with merchants typically settling in fiat currency. Rain noted that weekend and holiday settlement via stablecoin card clearing has reduced capital reserves by over 40% for some projects, improving capital efficiency for card issuers.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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