Simon Taylor: Rain launches embedded stablecoin wallets and files for national trust bank

Simon Taylor: Rain launches embedded stablecoin wallets and files for national trust bank
Rain launches stablecoin wallets, files OCC

Rain has launched embedded stablecoin wallets and, eight days ago, filed with the Office of the Comptroller of the Currency (OCC) for a national trust bank.

Simon Taylor, co-founder of 11:FS, also noted that Rain acquired stored-value platform Ansa two months prior.

Taylor has previously highlighted that consumer refund agents such as Muse and Instinct may increase sale costs in retailers' third quarter financials, according to a recent report. He also reported on Revolut's plans to expand in the U.S. with credit cards and loans. Taylor continues to track developments in digital finance and payments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.