Rain, the Stablecoin Payment Platform, Secures $58M in Funding Milestone

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

STABLE+5.57%

Source: Coinmarketcap

Updated: Aug 28 2025

Funding Announcement: Rain, a stablecoin payment platform, has successfully raised $58 million in a Series B funding round led by Sapphire Ventures, indicating strong investor confidence in its innovative solutions.
Investor Support: The funding attracted notable investors including Dragonfly Capital, Galaxy Ventures, Endeavor Catalyst, Samsung Next, and Lightspeed, providing both financial backing and strategic guidance for Rain's growth.
Future Developments: Rain is reportedly working on a stablecoin-based card issuance solution that would allow users to spend their stablecoin holdings directly, enhancing accessibility and practicality for everyday transactions.
Market Impact: The success of Rain could legitimize stablecoins and drive further adoption of digital assets, showcasing the potential of blockchain technology to improve global payment systems while addressing challenges like regulatory compliance and user education.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Rain, the Stablecoin Payment Platform, Secures $58M in Funding Milestone

About the author

Top News

Oil Firms Cautious on Venezuela Investment Push

GM Reports $7.1 Billion Charge Amid EV Shift

Stock Market Wraps 2025 with Double-Digit Gains

Novo Nordisk's Weight-Loss Pill Approval: Key Impacts

Related Articles

Bath & Body Works Securities Class Action Notice Issued

Faruqi & Faruqi Investigates Varonis Securities Fraud Claims

People Also Watch