Rain don raise $58M to expand enterprise stablecoin platform
Rain, wey be API-first infrastructure provider for enterprise stablecoin solutions, don secure $58 million for Series B round wey Sapphire Ventures lead. The money go help Rain scale their enterprise stablecoin platform afta dem dem join as Visa Principal Member for March 2025, wey allow dem issue stablecoin-linked cards for the Visa network. Rain infrastructure dey connect fintechs, companies, and financial institutions to blockchain-native settlement plus traditional finance tools, wey dey reach over 1.5 billion users through one single API integration. This funding build on top previous $24.5 million money wey Norwest Venture Partners lead and come as regulation dey clear wella, wit Euope MiCA regulation dey in effect and US GENIUS Act dey start. Traders suppose note say Rain get better position for the stablecoin platform market and fit expand for global payments and settlement service dem.
Bullish
Di big win wey Rain make for im $58M Series B round wey Sapphire Ventures lead show say institutional people get strong confidence for enterprise stablecoin infrastructure. Di direct Visa Principal membership plus di integration mean say stablecoin-linked payment solutions go sabi reach more people and fit expand well, e fit reach up to 1.5 billion users. Plus clear regulatory framework like MiCA and di U.S. GENIUS Act, dis development dey reduce execution risk and e dey open road for bigger market integration. For past times, big funding and partnership—like Circle’s USDC growth after dem integrate Visa—dem dey always mean say stablecoin market get better chances. Short term, traders fit react good because liquidity and adoption prospects dey increase. Long term, Rain expansion fit push growth for on-chain settlement services, e go make enterprise stablecoin platforms dey get better future.