Dragonfly Partner: Stablecoin Cards Will Be a Key Theme in the Crypto Industry in 2026

Haseeb Qureshi, Managing Partner of Dragonfly, stated that stablecoin-driven payment cards are rapidly gaining popularity and are expected to become one of the core themes of the crypto industry in 2026. He pointed out that stablecoin cards retain the traditional payment experience while introducing the advantages of fast settlement and low cost brought by blockchain, allowing crypto technology to be more deeply integrated into the global payment system. This view was released at the same time that stablecoin payment startup Rain completed a $250 million funding round, valuing the company at nearly $2 billion. Data shows that Rain's active card count is expected to grow approximately 30 times by 2025, and its annualized payment volume will expand nearly 40 times, making it one of the fastest-growing fintech companies. Rain supports stablecoins such as USDT and USDC and covers multiple blockchain networks including Ethereum, Solana, Tron, and Stellar. Furthermore, Bloomberg Intelligence predicts that the stablecoin payment market will grow to $56.6 trillion by 2030, at a compound annual growth rate of approximately 81%. On the regulatory front, the US has passed the GENIUS Act, and the UK and Canada plan to advance their stablecoin regulatory frameworks around 2026. Regarding institutional applications, Western Union plans to launch a stablecoin settlement system on Solana in the first half of 2026, along with a stablecoin card, primarily targeting emerging markets. (Cointelegraph)