Rain Co-Founder: The Neobank Bull Cycle Is Only Just Getting Started (Trillions Are Coming…)
How Stablecoins Are Setting Stage For The Next 100x
Rain Co-Founder Charles Yoo-Naut joins us for a look underneath the exploding neobank sector, which has exploded from $5m/month to $250m+/month in crypto-card volume in less than a year.
He breaks down how Rain went from a stablecoin-backed card issuer for crypto-native DAOs to a platform powering over 200 card programs, including a landmark partnership with Western Union. He explains why Visa still adds real value even as stablecoin settlement goes instant, and reveals Rain's revenue has scaled from low single-digit millions to hundreds of millions in just 18 months, with an IPO on the horizon in the next year or two.
We discuss the neobank sector as a whole, and how stablecoins and blockchain are revolutionizing the banking industry as we speak, with some of the largest players entering the space.
Charles Yoo-Naut is the Co-Founder and CTO of Rain, a stablecoin-backed card issuing platform that powers programs for Western Union and 200+ other partners.
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