Stablecoin-powered cards and everything needed to support them
Shorts
Onchain rails have proven their value. Rain is making them usable by everyone, and keeping them invisible in the process. Today, we’re announcing our $250M Series C at a $1.95B valuation to keep building. 🧵
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The forecast? Heavy Rain. ☔️ We’ve raised $58M in Series B funding—led by Sapphire Ventures with support from Dragonfly ＞|＜, Galaxy, Samsung Next, Lightspeed, Norwest & Endeavor Catalyst. Thanks to our team, partners, and investors for helping us rebuild global payments that flow the way they should. 🔗 🔗 🧵👇
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Headlines were made when Western Union embraced stablecoins last week. Today, that story continues with Rain. If you think of stablecoins as the water, Rain is the pipes and taps that make them usable. Rain is integrating its infrastructure with the Western Union Digital Asset Network so that customers can convert onchain balances into local cash payouts at participating Western Union locations. Faster, more efficient settlement is only half the solution. Real-world usability—powered by Rain—turns digital dollars into everyday spending power for millions.
