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Gift card giant Raise partners with WalletConnect to launch crypto payments feature

Gift card company giant Raise has partnered with WalletConnect to add support for multiple mainstream digital wallets, including MetaMask, Phantom, and Coinbase Wallet. Through this integration, users will be able to use ETH, DOT, BTC, and SOL tokens as well as USDC and USDT stablecoins for in-app payments, with plans to add support for more cryptocurrencies. Founded in 2012, the company has over 6 million customers and has direct partnerships with over 1,000 large retailers. The company has facilitated over $10 billion in transactions through its consumer app, exchanges and B2B business, and Raise also plans to integrate blockchain deeper into its technology stack and roll out its crypto payment options to 30 countries by the end of this year.