Rain, a $1.95B-valued stablecoin infrastructure firm, is adding Mastercard support to extend its Visa-based model and plug on-chain settlement into legacy payment systems.
https://crypto.news/rain-adds-mastercard-support-as-1-95b-stablecoin-startup-targets-on-chain-settlement/
Posted by These_Confidence1807
5 Comments
Crypto payments infrastructure has been the weakest link in the whole ecosystem for years.
A lot of merchants and markets that don’t prioritize Visa do prioritize Mastercard. Global card programs need both and most issuers in this space only had one.
werent they on Visa? and do they issue cards themselves or do they make them for other crypto platforms?
B2B infrastructure companies at this valuation are always quiet but make big moves and from the crypto world perspective this IS a big move
Stablecoin regulation is still unclear in most markets and card programs built on this infrastructure are only as stable as the regulatory environment around them.