Rain
Rain is a stablecoin payments platform that lets enterprises issue cards, manage digital dollar accounts, and add spend controls for AI agents.
Businesses can issue scoped virtual cards backed by stablecoin balances to AI agents, with programmatic controls on merchants, amounts, frequency, active card counts, and expiration set before an agent can transact.
- Offering type
- card, rail
- Custody model
- hybrid
- Partner bank
- SSB (Customers Bank), Member FDIC; card issuance via Third National under license from Visa; Rain is a Mastercard Principal Member
- FDIC passthrough
- not published
- Rails
- not published
- Spend controls
- approved merchant category codes, approved merchants, transaction amount limits, frequency limits, active card quantity caps, card expiration settings, approved counterparties, timing restrictions
- Fees
- not published
- Who can open
- Enterprises, neobanks, platforms, and AI agent operators building agentic payment or card issuing programs, onboarded via sales.
- Integration
- API
- Pricing
- not published
Businesses can open USD and MXN virtual accounts with persistent account and routing details that auto-convert deposits between fiat and stablecoins, supporting ACH, Fedwire, and SPEI transfers.
- Offering type
- account
- Custody model
- hybrid
- Partner bank
- SSB (Customers Bank), Member FDIC
- FDIC passthrough
- yes
- Rails
- ACHFedwireSPEI
- Spend controls
- not published
- Fees
- not published
- Who can open
- Businesses and their end users, subject to KYC/KYB, sanctions screening, and ongoing AML and transaction monitoring.
- Integration
- API
- Pricing
- not published
Our take
Rain is a stablecoin card issuing and payments platform for enterprises, not an agent-first product, but its June 2026 Agent Control Layer adds explicit spend guardrails and scoped virtual cards for AI agents on top of its existing card and account infrastructure.