Case Study: How Rain Powers Dakota’s Stablecoin-Backed Card Program for Modern Business Banking

The Challenge

Traditional business banking infrastructure is slow to adapt to the needs of digital-first companies. For startups and enterprises operating in the digital asset economy, challenges like complex fund flows, limited on and off ramps, and inflexible spend controls hinder efficiency and growth. Dakota, a modern banking platform for businesses, saw an opportunity to solve this by combining the best of traditional finance with stablecoin products, including corporate cards. However, to deliver on this vision, they needed a compliant, secure, and scalable infrastructure partner.

The Solution

Dakota partnered with Rain to launch a B2B corporate card program, powered by preloaded balances using their own stablecoin and issued through Rain’s robust spend infrastructure. Dakota enables businesses to unlock seamless expense management and faster access to capital. Key features of the partnership include:

• Stablecoin-Powered Corporate Cards: Businesses can issue physical or virtual cards to their teams, with full control over spend policies and permissions.
• Custody and Flow of Funds: Rain provides a compliant foundation while Dakota focuses on delivering an exceptional user experience.
• Built on Base: Transactions settle on Base, optimizing for speed and cost while integrating with the broader onchain economy.
• Branded: Dakota uses a fully customized version of Rain Spend, reflecting their brand and mission of building modern banking tools for the digital age.
• Scalable B2B Infrastructure: With Rain, Dakota has the backend infrastructure to serve an expanding base of global businesses.

The Results

The Dakota and Rain collaboration is helping redefine what business banking looks like in a modern world:

• Simplified Expense Management: Businesses using Dakota enjoy faster, easier access to working capital with cards that fit seamlessly into modern workflows.
• Stablecoin Utility in Action: The Rain-powered card product demonstrates a tangible use case for stablecoins in everyday operations, offering speed, security, and predictability.
• Positioned for Scale: With Rain handling the core infrastructure, Dakota can focus on acquiring new business customers and scaling up quickly without the burden of managing complex compliance or payment systems.
• Advancing the Mission: Dakota is delivering on its promise to offer banking for the digital age – safe, fast, global, and crypto-native – starting with a better way to spend.

“Partnering with Rain enabled us to move fast and bring a card product to market for businesses. Their infrastructure handles the complexities so we can focus on building the future of banking.” – Ryan Bozarth, CEO of Dakota

Conclusion

With Rain’s modern card issuance and spend infrastructure, Dakota is proving how stablecoins can power the next wave of financial tools for businesses. The partnership sets the stage for a broader shift to digital-first banking, helping companies operate with more speed, clarity, and control in a globalized economy.

To learn more about how Rain is helping companies like Dakota build the future of finance, visit www.rain.xyz