After expanding its Visa membership into the Asia-Pacific region, Rain has expanded its stablecoin-powered card issuing infrastructure for both consumer and corporate programmes.
This move enables partners to launch and scale consumer and corporate credit card programmes throughout the region, with initial launches anticipated in Q2 2026.
The expansion establishes a regulated presence for Rain in APAC, complementing its existing global issuing infrastructure. According to the company, it is now among a select few stablecoin infrastructure platforms that can directly support such large-scale programmes via Visa membership.
Keeping user experiences consistent with traditional card payments, Rain ensures that cardholders can conduct transactions at Visa-accepted merchants while stablecoins handle background settlement flows. This approach aims to allow enterprises to modernize their financial systems without necessitating changes in consumer behavior or merchant acceptance.
The infrastructure is designed to address various payment use cases pertinent to the APAC market. It allows partners to issue Visa-branded consumer cards across the region, while businesses can leverage it for corporate treasury management, multi-currency operations, and global workforce payouts.
Additionally, the remittance corridor opportunity is a key aspect of Rain’s strategy in APAC. The region hosts some of the world’s largest remittances, and the stablecoin-backed card infrastructure enables recipients to spend funds directly at Visa-accepted merchants, thereby reducing reliance on cash-out mechanisms or bank transfers.
A region with significant activity in digital assets
APAC has witnessed substantial growth in the adoption of digital assets. The International Monetary Fund reported over USD 500 billion in stablecoin transactions originating from the region in 2024, placing it second globally after North America. This volume underscores both retail demand and growing commercial interest in stablecoin-based settlement infrastructure.
Rain’s move into APAC aligns with its broader investment in borderless infrastructure and enterprise-grade compliance. A company official noted that partners can now build global card programmes through a single platform, streamlining the process compared to coordinating across multiple issuing vendors. Visa’s crypto lead for the APAC region mentioned that this collaboration underscores the network’s commitment to scalable payment access as digital assets continue to evolve.
Rain has indicated that further market expansion and additional programme capabilities in APAC are expected throughout 2026, positioning this development as part of a larger regional initiative rather than an isolated milestone.
