Rain Integrates Plasma Blockchain to Expand Stablecoin Card Issuance Across Multiple Networks

TLDR:

• Rain partners on Plasma can now issue cards that convert stablecoins into spending power at 150 million merchants.
• Plasma’s zero-fee USDT transfers eliminate transaction costs, addressing a major barrier in crypto payment adoption.
• Rain is the only Visa Principal Member supporting simultaneous card program management across multiple blockchains.
• External auditors review all blockchain integrations before launch, with regular audits maintaining security standards.

Rain has announced integration with Plasma, a Layer 1 blockchain designed for global payments. 

The partnership enables Rain partners building on Plasma to launch card programs that convert stablecoins into real-world spending capabilities. 

This expansion reflects Rain’s strategy to support partners across multiple blockchain networks as the crypto ecosystem becomes increasingly multichain.

Plasma Network Brings Zero-Fee Transfers to Rain Platform

The integration allows Rain partners on Plasma to issue cards that connect stablecoins to everyday purchases. Plasma offers zero-fee USDT transfers, enabling users to move value instantly without incurring transaction costs. 

This feature addresses a key friction point in crypto payments where network fees often discourage small transactions.

According to Paul Faecks, CEO of Plasma, the collaboration aims to build a more open financial system. “Our goal is a more open financial system where stablecoins work in real life,” Faecks said. “Adding Rain increases the card issuance options available to partners on Plasma.” 

Plasma’s infrastructure connects traditional banking and payment systems with stablecoin-native rails through vertically-integrated solutions.

Rain announced the partnership through its official account @raincards, noting that partners are building across various blockchains. 

The company emphasizes its commitment to meeting partners wherever they choose to build. This approach recognizes that developers and businesses increasingly operate across multiple chains rather than committing to a single network.

Multi-Chain Strategy Strengthens Rain’s Market Position

The company focuses on creating financial infrastructure that is global, open, and efficient. “Rain is committed to creating financial infrastructure that is more global, open, and efficient,” Charles Yoo-Naut, CTO and Co-founder of Rain said. “A big part of that is quickly developing solutions that meet our partners’ needs.” 

The Plasma integration follows growing demand from partners seeking to expand card access across different blockchain ecosystems.

Rain maintains rigorous security standards when adding new chain support. Protocol engineers design custom smart contracts for each integration. 

External auditors review all implementations before launch to ensure systems operate correctly. Regular audits continue after deployment to maintain security and trust.

The company holds the distinction of being the only Visa Principal Member enabling partners to launch and manage programs across multiple blockchains simultaneously. 

This capability simplifies the process of issuing global cards accepted at over 150 million merchants worldwide. The multi-chain approach positions Rain to serve partners regardless of their blockchain preferences.

The Plasma integration represents another step in Rain’s expansion strategy. As blockchain technology matures, interoperability and multi-chain support become increasingly important for payment infrastructure providers.

The post Rain Integrates Plasma Blockchain to Expand Stablecoin Card Issuance Across Multiple Networks appeared first on Blockonomi.