Revolution in payment: Rain and Visa hew up stable coins big!

Revolution in payment: Rain and Visa hew up stable coins big!

A new era for digital payments begins: Rain, a global map output platform, has officially announced a cooperation with Visa today. This pilot program aims to accelerate the handling of stable coins and shows how traditional financial institutions can design the transition to digital currency. ots reports that Rain has completely token and all billing transactions have now been switched to the stable coin USDC. means that bills are now possible every day of the week and 365 days a year.

The partnership enables Rain to provide the necessary backend infrastructure, including APIs and processing logic that will support fintechs and wallets. The increasing demand for global real-time payments has stimulated many partners to develop onchain card programs, so Rain is perfectly positioned in the market.

innovative technologies in use

rain uses a company-owned settlement stack that enables authorization logic and handling on the blockchain. Card transactions in the VISA network are therefore interoperable with stable coins across various blockchains. This represents significant progress, especially in view of the previous challenges in international payment transactions, which were often shaped by long settlement times and high costs.

VISA itself has also expanded its possibilities for handling stable coins and works, among others, with Circle’s USDC. These developments show that Visa is actively working on the integration of stablecoins into its systems in order to accelerate payments. The group can now transfer large amounts of USDC between partners via blockchains such as Solana and Ethereum, which significantly increases the efficiency of the processing. Visa has already moved millions of USDC between partners and initiated ongoing pilot projects with the World Pay and Nuvei dealer.

The growing role of stablecoins

stablecoins, which are blockchain-based tokens that are linked to Fiat currencies, have become more important in recent years. In 2024, the transaction volume of stable coins exceeded the Mastercard for the first time. Stable coins offer advantages in cross-border payments through speed and low costs. Banks can integrate stablecoin payments into their services and act as a trustworthy interface to facilitate access to these new technologies.