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Rain, a $1.95B-valued stablecoin infrastructure firm, is adding Mastercard support to extend its Visa-based model.
Rain has partnered with Mastercard to enable stablecoin settlements across both credit and prepaid card products.
KEY POINTS
- This marks Rain's entry into a dual-network model, extending beyond its previous Visa-only operations.
- Rain's integration allows large institutions tied to Mastercard to access stablecoin settlements without altering legacy systems.
- Mastercard's partnership with Rain aligns with its broader strategy to use stablecoins for wholesale settlements on its Multi-Token Network.
- Rain reports 38x transaction volume growth, positioning itself as a global backbone for stablecoin payments.
COMPANIES
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