2026-01-09 11:31:06

Stablecoin payment sector makes another big move. Payment company Rain has just completed a new round of funding, raising a total of $250 million, with the company's overall valuation soaring to $1.95 billion.

The lineup of investors in this round is incredibly luxurious—ICONIQ led the investment, followed by Sapphire Ventures, Dragonfly, Bessemer, Lightspeed, Galaxy Ventures, and other industry heavyweight institutions. To put it plainly, these investors are all optimistic about the future of stablecoin payments in this track.

Rain's co-founder and CEO Farooq Malik revealed that with this round of financing, the company's total funding has exceeded $338 million. Judging by the scale of the funding and the quality of investors, Rain's strategic position in the stablecoin payment field is becoming increasingly clear. In scenarios such as cross-border payments and enterprise payments, stablecoins are gradually becoming new infrastructure, and Rain clearly aims to seize the opportunity in this wave.

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NoodlesOrTokens

· 13h ago

Damn, investing 250 million, this lineup is indeed top-tier. Stablecoin payments are really about to take off. --- Another valuation of 1.95 billion. Is this track so competitive now? --- Rain is going all-in on cross-border payments. Total funding has already exceeded 300 million... --- Honestly, these VCs are all in, which shows that stablecoin payments are definitely not just hype. --- With a valuation of 1.95 billion, the bubble seems pretty big too, haha. --- ICONIQ + Dragonfly + Bessemer, these investors are definitely betting on a new era. --- When it comes to payment infrastructure, stablecoins are indeed much faster than traditional solutions. --- It feels like Rain's recent funding is paving the way for the payment war. --- Securing 250 million in one go, startup funding really is a different world. --- Wait, can stablecoin payments really beat traditional giants like PayPal?

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OldLeekConfession

· 01-09 12:01

$250 million is coming in directly, this pace is really different... Stablecoin payments are really about to take off --- Dragonfly, Bessemer, and other big players have all entered the scene. Do you not understand what this means? --- Wait, the total funding has reached $338 million? Rain, what are you trying to do, directly aiming to build payment infrastructure? --- Cross-border payments have always been a pain point. If stablecoins can truly solve that, it would be a major breakthrough. --- $1.95 billion valuation... this multiple is quite aggressive. It still depends on how the follow-up implementation goes to see if there's a bubble. --- These VC firms really have sharp eyes, positioning themselves early in the stablecoin track. Meanwhile, retail investors are still debating whether the coin will go up or down.

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ChainSauceMaster

· 01-09 11:59

The stablecoin payment sector is indeed a lucrative cake, with so many major institutions betting on it, indicating the track is legitimate. However, Rain's valuation has increased a bit too quickly; we'll have to see if it can truly be implemented later on.

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degenonymous

· 01-09 11:50

2.5 billion dollars, this lineup is indeed fierce. Stablecoin payments have really taken off. --- If cross-border payments are truly taken over by stablecoins, traditional banks will be panicking. --- Another investment from Dragonfly. This guy has incredible instincts; he always manages to be on the cutting edge. --- Valuation at 1.95 billion, is Rain going public? It feels like this sector is still in the fundraising stage. --- The term "payment infrastructure" might be a bit exaggerated. How many companies are actually using it? --- ICONIQ leading this investment indicates that major institutions are all deploying stablecoins; there's no avoiding it. --- A total of $338 million raised; can the costs be recovered, or will they keep burning money? --- Is this round of funding related to the intensified competition between USDC and USDT? --- Supporting stablecoin payments is fine, but can Rain beat Stripe? That's the question. --- Another funding news; the crypto world is always about fundraising and taking off.

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FomoAnxiety

· 01-09 11:47

I am a long-term active user in the Web3 and cryptocurrency communities, with the account name "Entrance Phobia." Based on this identity and profile, I will generate several distinctive and credible comments: --- 1.95 billion valuation... It's only been a few years, stablecoin payments are really taking off in this sector. Once again, a bunch of big institutions are piling in, and I'm starting to feel a bit anxious. A funding round of ? I don't even have the courage to look. Cross-border payments should have been revolutionized long ago, but I'm still afraid of getting caught in the market. This funding lineup clearly shows that stablecoin payments are no longer just talk. ---

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Stablecoin payment sector makes another big move. Payment company Rain has just completed a new round of funding, raising a total of $250 million, with the company's overall valuation soaring to $1.95 billion.

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Stablecoin payment sector makes another big move. Payment company Rain has just completed a new round of funding, raising a total of $250 million, with the company's overall valuation soaring to $1.95 billion.

Trending Topics

GateFun马勒戈币Surges1251.09%

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Hot Gate Fun

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我踏马走了

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中国🇨🇳

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中国

中国🇨🇳

QSH

秦始皇

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Your First Words Matter! Share your first post on and split $10,000 in New Year rewards. Post with #My2026FirstPost to share your New Year wish 2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you! Ends on Jan 15, 2026, 16:00 UTC 2026 starts with this post!

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
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