Rain Secures $58M Series B Funding to Expand Stablecoin Infrastructure for Borderless Payments

What's Happening?

Rain, a stablecoin infrastructure platform, has successfully raised $58 million in Series B funding, bringing its total capital to $88.5 million. This funding round was led by Sapphire Ventures and included participation from Dragonfly, Galaxy Ventures, and Samsung Next. Rain's platform offers an API-first, modular infrastructure that enables enterprises to integrate stablecoins for cross-border payments, B2B settlements, and merchant payouts. The platform's partnership with Visa allows it to issue cards directly on the Visa network, providing access to 150 million merchant locations globally. Rain's growth trajectory has been significant, with a tenfold increase in transaction volume since January 2025, driven by demand from partners like Nuvei, Avalanche, and Dakota.

Why It's Important?

The rise of stablecoins is reshaping the global financial landscape, offering scalable and compliant solutions for cross-border payments. Rain's platform is positioned to capitalize on this demand, providing enterprises with the flexibility needed in a market where speed, compliance, and interoperability are crucial. The partnership with Visa enhances Rain's ability to accelerate adoption and aligns with regulatory frameworks like the U.S. GENIUS Act and Europe's MiCA, which support stablecoin innovation. Rain's expansion into Europe, the Middle East, Africa, and the Asia-Pacific will address cross-border payment inefficiencies, potentially connecting over 1.5 billion users through a single integration.

What's Next?

Rain plans to use the Series B funding to expand its operations into new regions, focusing on building out engineering, compliance, and commercial teams. This strategic expansion aims to solidify Rain's position as the enterprise stablecoin platform of record. The platform's modular design allows it to adapt to evolving compliance requirements, ensuring it remains competitive in a sector where policy shifts can redefine advantages. Investors are optimistic about Rain's ability to navigate regulatory complexities while maintaining technological agility, positioning it to solve current pain points and future-proof against upcoming challenges.

Beyond the Headlines

Rain's success highlights the broader trend of tokenized assets and the push for financial inclusion in underserved markets. The platform's ability to integrate stablecoins into traditional finance systems represents a significant step towards bridging decentralized ecosystems with established financial structures. As regulatory scrutiny remains high, Rain's vertically integrated issuing stack ensures robust compliance, a critical factor for institutional users. This development underscores the importance of stablecoin infrastructure in facilitating seamless global transactions and promoting financial inclusion.