"Rain, the global stablecoin payments platform, announced Rain wallets, embedded stablecoin wallets that partners can offer their users inside their own apps, with the ability to earn on balances to follow by end of year. The wallet is the account at the center of Rain's platform. It is accessible through the same integration that issues the card, powers rewards, and supports money movement, so a user can get paid, save, spend, and send from one balance."

"Rain announced an expansion of its global money movement technology platform, enabling partners to send payouts to more than 80 countries in 50 currencies, and plans to reach 95 countries and more than 60 currencies by the end of the year. The capability gives Rain's partners one way to pay others in the currency they actually use, from a single stablecoin balance. It supports business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C), and consumer-to-business (C2B) payouts."

"Stablecoin payments facilitated by Rain are already reaching more than 100,000 merchants without them knowing it, according to CEO Farooq Malik, as stablecoins move through existing payment networks. Malik discussed Rain’s work on agentic payments, including “scoped cards” designed to give AI agents controlled authority to transact on behalf of users. The approach can impose controls such as minimum and maximum balances and limits on how much an agent can spend, allowing users to set the scope of delegated payment authority."