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

Stablecoin settlement enables weekend/holiday settlement, reducing trapped capital by over 40%. This improves card economics and financial flexibility for issuers. What to know : Stablecoin card use is booming, with retail spend growing over 105%. Rain exec says cards could hit double-digit market share soon in some LatAm markets. Rain is using partnerships with networks like Mastercard to enable stablecoin spend through existing global merchants, avoiding "reinventing the wheel." Stablecoin settlement enables weekend/holiday settlement, reducing trapped capital by over 40%. This improves card economics and financial flexibility for issuers.(Coindesk)