Episode Details

Stablecoin cards are surging in popularity, with spending up by over 105% year over year. Rain, in partnership with Mastercard, is making it possible to use stablecoins at millions of global merchants, bypassing the need for new networks. This collaboration offers settlement at any time, including weekends and holidays, reducing trapped capital by over 40% for issuers. Latin America is leading the way, with users from wallets and exchanges adopting stablecoin cards, while merchants still receive plain fiat. Despite currently accounting for less than 1% of total spend, stablecoin cards are gaining traction, with major players like Mastercard investing in blockchain flows and partnering with Binance and PayPal. This development combines crypto efficiency with trusted protections, making on-chain payments as seamless as tapping your phone.

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