Rain Secures $58 Million Series B Funding to Expand Global Stablecoin Infrastructure

Visa-backed stablecoin company Rain has raised $58 million in a Series B funding round, fueled by significant investment from Sapphire Ventures and Samsung Next. This funding will help scale Rain’s global stablecoin API infrastructure and further its goal of facilitating international commerce through compliant programmable financial systems. The investment signifies growing institutional confidence in stablecoin solutions and their potential to revolutionize the world of finance.