company

Rain

Rain is a stablecoin payments infrastructure company. Its platform helps companies launch stablecoin cards and payment products, and more than 200 companies use it.

rain.xyz

CEO and Co-founder

Farooq Malik

Key facts

Series C: $250 million, announced January 2026, at a $1.95 billion valuationsource
Total capital raised: more than $338 millionsource
Customers and volume: used by more than 200 companies and facilitates over $3 billion in annualized transactionssource
Series B: $58 millionsource

WYDE coverage of Rain

WYDE Newsroom has published 2 articles about Rain, from Aug 4, 2026 to Sep 13, 2026. Rain is the subject of 2 stories. The most recent is MoneyGram Launches a Stablecoin Visa Card in Colombia, Letting Users Spend USDC Anywhere Visa Works.

Crypto & DeFi

MoneyGram Launches a Stablecoin Visa Card in Colombia, Letting Users Spend USDC Anywhere Visa Works

The MoneyGram Card runs on the Stellar network and was built with crypto card platform Rain, starting in Colombia with a physical card and ATM withdrawals planned for late 2026.

Sep 13, 2026 · 2 min read · Subject of the story

Crypto & DeFi

Western Union's Stablecard Goes Live in 37 Markets, Turning Remittances Into Spendable Stablecoins

The 175-year-old remittance giant launched a Visa card that lets customers receive money as USDPT, its own dollar stablecoin on Solana, and spend it instantly at more than 175 million merchant locations, with 60 markets planned by year-end.

Aug 4, 2026 · 2 min read · Subject of the story

Reported alongside Rain

Visa · in 2 stories with Rain
Anchorage Digital · in 1 story with Rain
MoneyGram · in 1 story with Rain
Western Union · in 1 story with Rain

Sources

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