Rain, which uses smart contracts to support lending and settlement of stablecoin-linked credit products, is one of three companies selected by Visa last month to participate in its Visa Intelligent Commerce initiative. Smart contracts are digital programs stored on blockchains that automatically execute agreements when agreed upon terms are met. They eliminate the need for a third party, such as a bank or escrow service, to oversee or enforce the terms. Rain has created smart contract infrastructure that enables a hold to be put on crypto assets, including stablecoins stored on a blockch...