Published Aug 19, 2026, 5:00 AM ET · Updated 3 months ago · 2 sources
THE BLOCK: Rain CEO Farooq Malik said more than 100,000 merchants are accepting stablecoin payments without knowing it. He said those transactions currently settle through Visa and outlined plans to let merchants opt for stablecoin settlement instead of waiting three days.
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Original Report
THE BLOCK: Rain CEO Farooq Malik said more than 100,000 merchants are accepting stablecoin payments without knowing it. He said those transactions currently settle through Visa and outlined plans to let merchants opt for stablecoin settlement instead of waiting three days.