Key Takeaways
Rain reported Latam processed $1.5T from 2022 to 2025, cementing stablecoins as market reserve property.Fleeing their foreign money’s devaluation, customers can reduce switch charges by 92% by utilizing stablecoins.Driving various finance, Rain cardholders grew 64x in Colombia in 2025 to serve unbanked customers.
Rain Report Underscores Giant Development Of Crypto Playing cards In Latam
Rain, an organization that gives the infrastructure for issuing stablecoin-backed crypto playing cards, has revealed important progress in using these instruments in Latam.
In its current “State of stablecoins in Latin America” report, Rain declared that the area had transacted almost $1.5 trillion between 2022 and 2025, with the vast majority of these flows intermediated by stablecoins, a testomony to their adoption as greenback proxies within the area.
This adoption, not like in different areas, is pushed by their capacity to resolve concrete issues originating from the financial limitations a few of these international locations expertise.
Amongst these key drivers are the instability and elevated devaluation of the currencies within the area, together with the Argentine peso and the Venezuelan bolívar, which have misplaced a big a part of their worth lately.
This leads to a pure demand for a foreign money that may act as a reserve worth when nationwide currencies.
One other issue pushing stablecoin adoption is the excessive charges that plague cross-border settlement providers within the area, with stablecoins presenting reductions of as much as 92% in service charges.
The third ingredient that powers stablecoin adoption is proscribed entry to banking providers in international locations like Mexico and Colombia, the place stablecoins can carry out as various finance autos by way of neobanks.
Rain singled out Colombia, the place the variety of Rain cardholders has grown 64 instances for the reason that begin of 2025, and Bolivia, the place spending with Rain playing cards elevated greater than 6x in 2025, as vibrant markets within the area.
The corporate stresses that so long as these unfavorable situations persist, demand for stablecoins and the infrastructure to handle them, together with playing cards, will persist.
“The use instances which have taken maintain throughout Latin America, and the infrastructure being constructed to help them, signify among the clearest real-world examples of stablecoins meaningfully impacting how customers and companies function financially,” Rain concluded.
