Dragonfly Exec: Stablecoin Cards to Transform Payments

Crypto News DeFi

Dragonfly Exec Predicts Stablecoin Cards Will Reshape Payments

Written by Aaron S.,

Editor-In-Chief

Last Updated: January 12, 2026

Key Takeaways

Dragonfly’s Haseeb Qureshi expects stablecoin cards to become a major force in crypto and global payments by 2026;
Rain’s $250 million funding round highlights growth in stablecoin card adoption and blockchain-based payment systems;
However, some see huge potential in instant crypto payments, while others doubt mainstream card competition.

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Dragonfly Exec Predicts Stablecoin Cards Will Reshape Payments

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Haseeb Qureshi, managing partner at Dragonfly, stated that payment cards powered by stablecoins will become a key development in the crypto industry in 2026.

He said these cards blend blockchain efficiency with a payment experience that feels familiar to consumers.

In a post on X, Qureshi shared his outlook that the coming year will see cryptocurrency more deeply woven into everyday payments worldwide.

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His comments followed the news that Rain, a startup offering stablecoin-linked cards, raised $250 million in funding. The round increased the company’s valuation to almost $2 billion.

Qureshi remarked that “stablecoin cards are growing like crazy, everywhere in the world".

According to Qureshi, Rain represents a shift in how blockchain is being integrated into financial systems. He explained that users often have no idea their transactions rely on crypto technology.

Still, not everyone shares the same optimism. Sheel Mohnot, general partner at Better Tomorrow Ventures, argued that stablecoin payments will compete with traditional cards in developed markets.

He noted that they currently lack a dedicated customer base and clear reasons for merchants to switch.

Additionally, Pantera Capital investor Mason Nystrom noted that stablecoin transactions provide businesses with immediate settlement, faster access to funds, and protection against chargebacks.

Meanwhile, the Community Bankers Council of the American Bankers Association recently urged Congress to amend the GENIUS Act. What did they say? Read the full story.