Farouk Malik believes that stablecoins will not displace traditional banks because banks provide valuable intangible services like safety, security, and trust.

Rain's platform enables customers to launch in multiple markets with a single Master Service Agreement (MSA), representing an 80% reduction in contractual overhead.

Rain claims its stablecoin infrastructure can reduce working capital requirements for customers by approximately 80% compared to traditional payment systems.

RAINN has processed over 1% of the global annual remittance volume in the last 12 months.

RAINN claims to support more stablecoins than any other platform.

RAINN has designed its chargeback and refund rules to follow the principles established by Visa and MasterCard.

RAINN's payment infrastructure supports transaction chargebacks and refunds directly on the blockchain.

Companies like Western Union and MoneyGram are heavily adopting stablecoins to upgrade their infrastructure and improve business resiliency.

An unnamed airline is using RAINN's infrastructure to issue stablecoin-powered per diem cards to its flight attendants.

RAINN settles 100% of its payment volume with Visa using stablecoins.

RAINN's remittance transaction volume is growing at a rate of 400% annually.

Farouk Malik predicts that stablecoin penetration in the global remittance market will reach 40% to 50% in the next few years.

Visa is settling payment volume with merchant acquirers using stablecoins, operating seven days a week.

RAINN has deployed its authorization and settlement technology natively on over a dozen different blockchains.

One of the world's largest private banks uses RAINN's card infrastructure to issue payment credentials to its global customers.

RAINN's platform can programmatically and instantaneously route individual card transactions to different lenders based on the cardholder's real-time credit profile.

RAINN is launching the first debit card linked directly to tokenized bank deposits in partnership with an unnamed bank.