TLDR Crypto · MISCELLANEOUS
RAIN CARDS HITS $146M IN MONTHLY COLLATERAL DEPOSITS
Summary from the TLDR Crypto newsletter
Stablecoin card issuer Rain Cards processed $146M in collateral deposits in September, led by Ethereum ($95M), Polygon ($32M), and Base ($9M). USDC dominated with $116M in deposits, followed by USDT and smaller AVAX volumes. Active collateral addresses ranged between 50–95 monthly, including partners like KAST and Kolo.