Stablecoin card spend is growing 100% year over year, Rain exec says

coindesk
2026.05.08 10:20
portai
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Stablecoin card usage is experiencing significant growth, with retail spending increasing by over 105% year-on-year. A Rain executive predicts that stablecoin cards could soon capture a double-digit market share in certain Latin American markets. By partnering with networks like Mastercard, Rain facilitates stablecoin transactions through existing global merchants, enhancing card economics and financial flexibility for issuers by reducing trapped capital by over 40% through stablecoin settlement.