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Rain and Lithic Join Forces to Transform Stablecoin Payments

In a significant move set to reshape the landscape of payments technology, Rain, a leader in enterprise-grade stablecoin infrastructure, recently announced a strategic partnership with Lithic. This collaboration aims to enhance global distribution and accelerate growth for both companies in the evolving realm of fintech. The partnership seeks to provide businesses with streamlined access to customizable, stablecoin-powered card programs, allowing them to scale their operations efficiently.

A Shared Vision for Growth

Rain has established itself as a pioneer in stablecoin transactions, boasting a network consisting of over 150 partners and millions of transactions across more than 150 countries. This strategic alliance with Lithic is expected to broaden Rain's reach, making its innovative payment solutions more accessible to a diverse range of enterprises, platforms, and financial technology firms worldwide. By integrating Rain's advanced stablecoin card issuance with Lithic's proficient processing capabilities, both companies are positioned to simplify the complexities of launching and scaling card programs on a global scale.

Lithic, known for its robust card issuing technology tailored for high-growth businesses, will leverage its developer-friendly processing platform to enhance the functionality of Rain’s offerings. This integration promises significant benefits for partners looking to build and roll out scalable card solutions, as the collaboration will deliver advanced fraud prevention measures and real-time authorization capabilities.

Enhancing Technology Choices for Partners

With this partnership, Rain's affiliates gain greater flexibility in crafting their card programs. Lithic’s modern, efficient processing infrastructure is reputed for its rapid scalability and global resilience, which aligns perfectly with Rain's stablecoin-native solutions. This combination ensures that the processing of stablecoin transactions is not only more efficient but also extensive, covering over 150 countries where Rain-powered cards can be utilized.

Farooq Malik, CEO and Co-founder of Rain, emphasized the significance of this partnership, stating, "Combining our infrastructure with Lithic's processing technology marks an essential advancement for Rain. It facilitates easier and swifter program launches tailored to partner needs, paving the way for a new era of programmable payments."

Bo Jiang, CEO and Co-founder of Lithic, echoed this sentiment, remarking, “Rain is at the forefront of making stablecoin cards work efficiently at scale. This alliance will enhance our capacity to support fintechs and other card programs, providing them with the tools necessary to accelerate innovation.”

The Future of Payment Solutions

This partnership embodies Rain’s mission to deliver versatile and powerful infrastructure for stablecoin payments, which, in turn, enables clients to launch services more speedily and reach a global audience. By fostering a robust ecosystem for stablecoin usage, Rain and Lithic are well-poised to not only meet current demands but also unlock new revenue streams for businesses in the financial services sector.

Both companies remain dedicated to empowering their partners with cutting-edge solutions that align with the rapidly evolving financial landscape. As they embark on this journey together, the fintech community can look forward to innovative developments that redefine the potential of payments powered by stablecoins.

About Rain

Rain is an established global platform that focuses on stablecoin infrastructure, catering to enterprises, neobanks, developers, and platforms. The technology allows seamless movement, storage, and utilization of stablecoins through various channels like cross-border rails and global payment cards. Holding the status of a Visa Principal Member, Rain enables transactions wherever Visa is accepted, empowering millions of purchases globally.

About Lithic

Lithic is a primary player in the fintech landscape, providing solutions for card issuing technology tailored to high-growth companies. Their API-driven services empower businesses to implement sophisticated card programs and manage financial transactions with an unprecedented level of ease. Lithic’s commitment to innovation ensures that their clients can effectively scale in today's dynamic financial environment.