Stablecoin infrastructure company Rain plans to participate in Western Union’s Digital Asset Network. The integration enables users to convert the stablecoins in their Rain-powered wallets into local cash payouts at participating Western Union locations.
Rain offers an enterprise-grade infrastructure platform that enables movement, storage and use of stablecoins through global payment cards, on- and off-ramps, wallets and cross-border rails. Western Union operates a global cross-border, cross-currency money-movement and payments network that reaches more than 150 countries and territories and supports approximately 130 currencies.
The goal of this partnership is to connect traditional financial services with the digital asset economy, making stablecoins more functional for real-world transactions.
