fintech / news / / Fortune
Rain helps clients launch cards backed by users’ stablecoin deposits, among other services.
Rain is collaborating with Mastercard to explore settling payments using stablecoins with public companies.
KEY POINTS
- Rain now enables neobanks to let customers settle credit card charges using crypto deposits instead of dollars.
- Mastercard's new partnership allows Rain to target enterprise clients with established network relationships.
- Mastercard signed a deal to acquire stablecoin firm BVNK for up to $1.8 billion in March.
COMPANIES
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