【BlockBeats】Another major development in the stablecoin space. According to reports, payment stablecoin company Rain recently announced the completion of a new round of financing, raising $250 million, with the company valuation reaching $1.95 billion. This round of financing was led by ICONIQ, with follow-on investments from prominent VCs including Sapphire Ventures, Dragonfly, Bessemer, Lightspeed, and Galaxy Ventures—quite an impressive roster.
This means Rain’s cumulative total financing has exceeded $338 million. So what are they doing? Simply put, they help customers issue and use stablecoin cards on the Visa network. This direction is quite interesting—combining stablecoins with traditional payment networks to lower user barriers to entry.
More importantly, there’s Rain’s next plan. These funds will be used to expand market presence in North America, South America, Europe, Asia, and Africa; in other words, establishing a global network. At the same time, they need to respond to rapid changes in the global regulatory environment, which is the core pain point—whether stablecoins can reach mainstream adoption largely depends on regulatory attitudes. The logic behind this Rain financing round is very clear: capital, team, and compliance—none of these can be missing.
ステーブルコイン分野で再び大規模資金調達：19.5億ドルの評価額の背後にあるVisaカードの展開
【BlockBeats】Another major development in the stablecoin space. According to reports, payment stablecoin company Rain recently announced the completion of a new round of financing, raising $250 million, with the company valuation reaching $1.95 billion. This round of financing was led by ICONIQ, with follow-on investments from prominent VCs including Sapphire Ventures, Dragonfly, Bessemer, Lightspeed, and Galaxy Ventures—quite an impressive roster.
This means Rain’s cumulative total financing has exceeded $338 million. So what are they doing? Simply put, they help customers issue and use stablecoin cards on the Visa network. This direction is quite interesting—combining stablecoins with traditional payment networks to lower user barriers to entry.
More importantly, there’s Rain’s next plan. These funds will be used to expand market presence in North America, South America, Europe, Asia, and Africa; in other words, establishing a global network. At the same time, they need to respond to rapid changes in the global regulatory environment, which is the core pain point—whether stablecoins can reach mainstream adoption largely depends on regulatory attitudes. The logic behind this Rain financing round is very clear: capital, team, and compliance—none of these can be missing.