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Rain Launches Rewards Points System for Stablecoin Card Users

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2026-06-15 15:05:22
Stablecoin payments company Rain said it has launched a rewards points system positioned as a loyalty platform native to stablecoin cards, supporting redemptions such as cash back, flights, and hotels. According to Foresight News, the points are minted on-chain, and partners can customize branding, point names, earning rules, and redemption methods without bringing in third-party vendors.

Rain said it previously ran a private test on the Avalanche Card covering 2,486 users. Over a 30-day period, users who enabled points recorded about 25% higher average daily spending than those who did not enable the feature.

Foresight News also reported that Rain completed a $250 million financing round in January 2026 at a $1.95 billion valuation, led by ICONIQ.
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