Abstract institutional public blockchain image for tokenized finance

Rayls Goes Live With a Public Chain Built to Pipe Institutional Finance Into DeFi

By Isaac • May 2, 2026 4:41 pm • Comments

Rayls pushed its Public Chain mainnet live on April 30, opening a public permissionless layer that sits alongside the private permissioned chains the project has been running with institutional partners. Two days later, on May 2, the team rolled out a Launch Partner Program aimed at getting banks and financial institutions into production on the network.

The architecture is built around a specific problem: institutions want privacy, compliance, and permissioned access, but they also want to tap public DeFi liquidity, issue stablecoins, and distribute tokenized assets to a broader market. Rayls is trying to bridge both sides through one chain stack.

Trending: MARA Buying a 505 MW Gas Plant and 1,600 Acres in Ohio for $1.5 Billion

The company has been building toward this launch through collaborations with Mastercard, XP Inc., and J.P. Morgan Kinexys. Those relationships predate the mainnet and helped shape the private chain deployments that now connect natively to the public layer.

Rayls described the mainnet in its announcement:

Rayls said its Public Chain launched April 30, 2026, combining private permissioned chains with a public permissionless chain for compliant institutional use cases. The chain is EVM-compatible and claims more than 15,000 transactions per second, subsecond block times, instant finality under one second, stablecoin-denominated gas payments, and native connectivity between Rayls private and public chains. Target use cases include stablecoin and tokenized deposit issuance, RWA tokenization and distribution, privacy-preserving transactions, yield-bearing vaults, and AI agent payments. Production deployments already running include XP Inc.’s USDXP stablecoin, Nuclea payment infrastructure, and AmFi credit and debt tokenization. Rayls also said Parfin has committed to migrate $400 million in monthly stablecoin cross-border FX payments to the network by year-end. The company tied the launch to privacy and compliance tooling for regulated finance, including selective-disclosure privacy controls for regulators and a public chain designed to connect institutional assets with broader DeFi liquidity.

That Parfin commitment is the most concrete volume figure attached to the launch. Four hundred million dollars a month in stablecoin FX flows, if it materializes on schedule, would give Rayls a real throughput baseline before the end of 2026. The XP Inc. and Nuclea deployments already running in production add credibility, though the scale of those operations has not been disclosed in detail.

Stablecoin gas is a design choice worth watching. Letting institutions pay transaction fees in stablecoins instead of a native volatile token removes a friction point that has kept many compliance-heavy firms away from public chains. EVM compatibility means existing Solidity tooling and smart contracts can port over without heavy rewrites.

The Launch Partner Program, announced May 2, is aimed at assembling a vetted provider stack around the mainnet. According to Rayls, the program covers security, compliance, and service-provider selection across the categories a bank or financial institution would need to go live onchain. The goal is to compress the path from boardroom decision to production deployment.

Institutional blockchain infrastructure is getting crowded. Between BlackRock’s BUIDL expansion, Circle’s payment rails, Visa’s stablecoin work, and a growing list of tokenized treasury and credit products, the competition for institutional onchain flows is real. Rayls is making a bet that the connecting tissue between private compliance chains and public DeFi liquidity is the gap that still needs filling. The mainnet is live. The partner program is open. Now the chain has to prove it can carry the weight.

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.

 

Search ProCoinNews