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CryptoMedium•4 May 2026•

1 min read

Stablecoin Startup Rain Valued at $1.95B, Partners with Mastercard

Key Facts

1Stablecoin startup Rain is valued at $1.95 billion and plans to issue cards with Mastercard to attract institutional customers.

2The company previously worked exclusively with Visa to create stablecoin-backed cards.

Stablecoin startup Rain has reached a significant valuation of $1.95 billion as it aggressively expands its payment infrastructure. The company announced a new strategic partnership with Mastercard to issue cards specifically designed to attract institutional customers. This move marks a pivotal shift in Rain's strategy, as it previously relied exclusively on Visa for its stablecoin-backed card offerings. By partnering with Mastercard, the startup aims to diversify its payment network and strengthen its position within the global fintech ecosystem. The high valuation and collaboration with a major global processor signal growing institutional confidence in crypto-linked financial solutions. This expansion is expected to drive further adoption of stablecoins across institutional and commercial payment channels.