Rain Launches Embedded Stablecoin Wallets for Developers
Rain has introduced non-custodial stablecoin wallets that integrate directly into partner applications, offering users a centralized way to manage their funds across multiple blockchains and networks. These embedded wallets allow partners to provide functionalities such as cards, rewards, onramps, offramps, and payouts through one integration. The solution supports 12 different blockchains and offers flexibility in stablecoin choice without locking partners into specific chains. Users can access Rain-issued cards backed by their wallet balances for spending at over 175 million global merchants. Additionally, the wallets simplify onboarding with passkeys or SMS/email codes instead of traditional seed phrases. Non-custodial versions are available now, while custodial options and features to help users earn interest will be added before year-end. Rain's platform aims to streamline stablecoin usage by centralizing all financial activities—receiving payments, spending, saving, earning rewards, and sending funds—in one place within the partner app. This approach reduces complexity for both developers and end-users while enhancing accessibility in global markets.
Topics: embedded finance payments stablecoins wallets