TLDR Crypto · MISCELLANEOUS

RAIN CARDS HITS $146M IN MONTHLY COLLATERAL DEPOSITS

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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.