According to Rain's report "The Current State of Stablecoins in Latin America," the region processed $1.5 trillion in stablecoin transactions between 2022 and 2025, with stablecoins serving as a substitute for the US dollar during local currency devaluations. Users adopting stablecoins can reduce cross-border transfer fees by up to 92%. Since early 2025, Rain cardholders in Colombia have surged 64 times; meanwhile, spending with Rain cards in Bolivia has increased more than sixfold in 2025, indicating its rapid adoption as an alternative financial tool in underserved banking markets.

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