V · News · 20260804N
Stablecoin Payments Expansion
VISA INC. · 2026-08-04 · Importance 54 · Surprise 70
Western Union and Rain launched Stablecard on August 4, 2026, using Western Union’s USDPT stablecoin and a Visa secured card. The product allows remittance recipients to hold dollar-denominated stablecoins and spend them at Visa merchants and ATMs without first converting to fiat currency. The service launched in 37 markets, with plans to expand to more than 60 markets by the end of 2026, particularly in countries with volatile currencies.
Key facts
- Visa and Western Union/Rain partnership: Western Union and global stablecoin platform Rain launched a stablecoin-based solution designed to enable users to hold dollar value, protect their money in markets where currencies frequently fluctuate, and spend that value at any Visa merchant or ATM, online or in store. source