Western Union's Stablecard Goes Live in 37 Markets on Rain's Infrastructure
Stablecard is now live in 37 markets
Rain said on Oct. 19 that Western Union's Stablecard is live on its infrastructure. The product lets users receive remittances in USDPT and spend through a linked Visa card, both online and in stores. USDPT is a stablecoin, a digital token designed to hold a steady value.
Rain says it supplies the app, the embedded wallets and the integrated card. The rollout covers 37 markets, and Western Union is targeting more than 60 by the end of the year, according to Rain's announcement.
The 37-market figure matches the count in Western Union's Aug. 4 launch announcement. Neither announcement names the 37 markets.
Key details of the product
- Customers apply through the Stablecard mobile app, with access limited to adults aged 18 or older.
- USDPT on Solana is the only supported digital asset for loading and spending, per Western Union's app terms.
- Anchorage Digital Bank issues the token. Western Union identifies Rain's Nimbus LLC, doing business as Third National, as the card issuer and program manager.
- Stablecard is a secured credit card, not a bank account or prepaid card. Users deposit USDPT into a noncustodial wallet as collateral, and spending power is limited by the collateral's value.
- Merchants are paid in local currency through Visa, according to Western Union's FAQ. The card does not pay interest or provide a claim on FDIC-insured funds.
Fees, limits and eligibility
The published U.S. card agreement lists a 0% purchase APR, no annual fee, a 1% international transaction fee, and a cash-advance charge of $2 plus 2%. The international agreement also lists a 1% fee for transactions outside the cardholder's home country and $2 plus 2% for ATM withdrawals.
Both agreements list a $5,000 daily spending limit, a $1,000 maximum single transaction, and a $250 per-transaction ATM limit, with no more than three ATM withdrawals per day. Issuer-imposed limits can change.
Western Union's FAQ makes availability subject to geographic, regulatory and eligibility requirements, including identity verification. Visa acceptance does not establish eligibility to obtain a card.
The Money20/20 signup offer
Rain promoted an in-person signup offer in Las Vegas on X, telling readers to try the card at Money20/20. The promotion's terms, sponsored and funded by Western Union Financial Services, offer a $20 welcome credit to eligible new customers approved after completing signup and identity verification at Rain's booth between 10 a.m. and 2 p.m. PT on Oct. 20.
Another $20 is available after at least $12 in eligible purchases, net of returns and reversals, by 11:59 p.m. PT on Oct. 21. Downloading the app alone does not guarantee approval, and people applying outside the event are ineligible for the offer.
The credits add purchase-only spending power. They are not USDPT, do not increase wallet collateral, and cannot be withdrawn or transferred. Credits do not expire once applied.
What is confirmed
Rain's Oct. 19 announcement and Western Union's earlier materials agree that Stablecard uses USDPT on Solana, is issued as a secured credit card, and is supported by Visa for spending. The 37-market rollout figure appears in both Rain's rollout announcement and Western Union's Aug. 4 launch announcement.
What is still unclear
Neither announcement names the 37 markets where the card is live. Western Union's stated goal of more than 60 markets by year-end is a target, not a confirmed rollout.
Why it matters
The launch connects a large remittance provider with stablecoin settlement and everyday card spending. It also shows how stablecoin cards work in practice: users lock up a digital token as collateral rather than holding a bank balance, and card eligibility depends on identity checks and local rules.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.