Dragonfly Partner: Stablecoin Cards to Become a Major Theme in the Crypto Industry by 2026

Odaily News Dragonfly Managing Partner Haseeb Qureshi stated that stablecoin-powered payment cards are rapidly gaining popularity and are poised to become one of the core themes in the crypto industry by 2026. He pointed out that stablecoin cards retain the traditional payment experience while introducing the advantages of fast settlement and low costs brought by blockchain, enabling crypto technology to integrate more deeply into the global payment system.

This viewpoint was shared as stablecoin payment startup Rain completed a $250 million funding round, with its valuation nearing $2 billion. Data shows that Rain's number of active cards grew approximately 30-fold in 2025, with its annualized payment volume expanding nearly 40 times, making it one of the fastest-growing fintech companies. Rain supports stablecoins such as USDT and USDC and covers multiple blockchain networks including Ethereum, Solana, Tron, and Stellar.

Furthermore, Bloomberg Intelligence predicts that the stablecoin payment volume will grow to $56.6 trillion by 2030 at a compound annual growth rate (CAGR) of approximately 81%. On the regulatory front, the U.S. has passed the GENIUS Act, while the UK and Canada also plan to advance stablecoin regulatory frameworks around 2026. Regarding institutional adoption, Western Union plans to launch a stablecoin settlement system on Solana in the first half of 2026, accompanied by stablecoin cards, with a focus on emerging markets. (Cointelegraph)