Rain launches embedded stablecoin wallets at the centre of its payments platform

Rain has launched Rain wallets, embedded stablecoin wallets that its partners can offer inside their own apps. The wallet connects through the same integration that issues Rain cards, so a user can get paid, hold, spend and send from one balance.

Non-custodial wallets are live today on twelve blockchains, including Ethereum, Solana, Base and Polygon, and hold USDC, USDT and other assets. Custodial wallets and ways to earn on balances follow by the end of the year. Partners that already use another wallet provider can plug it into Rain's cards, rewards, onramps and payouts instead.

Rain is a Visa and Mastercard principal member. Its cards are accepted at more than 175 million merchant locations in over 220 countries and territories, and it works with more than 100 organisations.