Visa-Linked Stablecoin Firm Rain Valued Above $1.9B
Stablecoin infrastructure provider Rain raised $250 million in a Series C round, valuing the company at $1.95 billion.Summary
Rain, a US stablecoin infrastructure provider and principal member of the Visa network, secured $250 million in a Series C funding round led by Iconiq, bringing its total funding to $338 million and valuing the company at $1.95 billion. This follows significant growth in 2025, where its active card base increased 30 times and annualized payment volume grew 38 times. Headquartered in New York, Rain offers an end-to-end platform for companies to launch compliant stablecoin cards that work wherever Visa is accepted, supporting stablecoins like USDT and USDC across various blockchains. The company plans to use the capital to expand across the Americas, Europe, Asia, and Africa, scale its platform, and pursue strategic acquisitions.
(Source：Cointelegraph)