Rain Expands Visa Membership into Asia-Pacific to Scale Stablecoin Payment Infrastructure

TLDR:

• Rain expanded its Visa Membership into APAC, with initial card program launches expected in Q2 2026.
• Asia-Pacific recorded over $500 billion in stablecoin transactions in 2024, ranking second globally after North America.
• Rain’s platform allows partners to launch global card programs without stitching together multiple issuing vendors.
• Stablecoin-backed infrastructure enables instant remittance spending at over 150 million Visa-accepted merchants worldwide.

Rain has announced a major expansion of its Visa Membership into the Asia-Pacific region. The move extends the company’s card issuing footprint across some of the world’s most digitally active economies.

Partners can now launch consumer and corporate credit card programs through a single platform. Initial program launches are expected in Q2 2026, marking a key step in Rain’s global infrastructure buildout.

Rain Brings Stablecoin Infrastructure to APAC Markets

Rain’s expanded presence in APAC introduces a regulated issuing infrastructure for the region. This positions the company as one of the few stablecoin platforms with direct Visa Membership at this scale.

The setup allows partners to launch card programs with greater regional stability and compliance backing.

Asia-Pacific recorded over $500 billion in stablecoin transactions in 2024, according to the International Monetary Fund. That makes it the second-largest region globally for stablecoin activity, after North America.

The region also hosts some of the world’s largest remittance corridors, making it a high-priority market for payment innovation.

Rain CEO Farooq Malik spoke directly to the fragmentation problem many global businesses face. “Businesses operating internationally should not have to stitch together multiple issuing partners and vendors just to launch a global card program,” Malik said.

He added that stablecoins improve how money moves behind the scenes while partners scale through one platform.

Cardholders using Rain-powered programs transact normally at millions of merchants worldwide. Stablecoins handle settlement flows behind the scenes, requiring no changes to consumer behavior.

This design allows enterprises to modernize their financial infrastructure without added friction at the point of sale.

Key Use Cases Driving Adoption Across the Region

One major use case is instantly spendable remittances across APAC’s largest remittance corridors. Stablecoin-backed card infrastructure allows recipients to spend funds immediately at Visa-accepted merchants. This reduces reliance on costly cash-out processes and traditional bank transfers.

Corporate treasury management is another area Rain’s infrastructure addresses directly. Export-driven businesses can fund corporate cards and distribute payouts across global workforces and supply chains. Multi-currency treasury operations become more manageable through stablecoin-backed systems.

Consumer and retail payment programs are also a central part of the expansion. Partners can launch Visa-branded cards with acceptance at over 150 million merchant locations worldwide. The familiar card experience remains intact for end users throughout the process.

Visa’s Crypto Lead for Asia-Pacific, Nischint Sanghavi, also weighed in on the partnership. “Visa is committed to enabling innovative partners and expanding global access to digital payments,” Sanghavi said.

He noted that the collaboration with Rain reflects Visa’s focus on secure, scalable payment experiences as digital assets continue to evolve.

Rain’s APAC expansion is set to grow further throughout 2026, with additional markets and program capabilities ahead.

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