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

According to Odaily, Dragonfly Managing Partner Haseeb Qureshi stated that stablecoin-driven payment cards are rapidly gaining popularity and are expected to become one of the core themes of the crypto industry by 2026. He pointed out that stablecoin cards retain the traditional payment experience while introducing the advantages of blockchain, such as fast settlement and low costs, allowing crypto technology to be more deeply integrated into the global payment system.

This view was shared as stablecoin payment startup Rain completed a $250 million financing round, bringing its valuation close to $2 billion. Data shows that Rain's number of active cards in 2025 is expected to grow by about 30 times, with 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.

In addition, Bloomberg Intelligence predicts that by 2030, the scale of stablecoin payments will grow at a compound annual growth rate of approximately 81% to reach $56.6 trillion. On the regulatory front, the United States has passed the GENIUS Act, and the United Kingdom and Canada also plan to advance stablecoin regulatory frameworks around 2026. In terms of institutional applications, Western Union plans to launch a stablecoin settlement system on Solana in the first half of 2026, along with supporting stablecoin cards, with a focus on emerging markets. (Cointelegraph)