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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Western Union's Stablecard is live.
Remittances can now arrive as stablecoins and be spent instantly anywhere Visa is accepted.
Mobile app, embedded wallets, and cards powered by Rain.
$100B a year for 100M customers is moving onchain.
Rain is a launch partner of ION Protocol.
Stablecoins and chains keep multiplying, and deep liquidity can't be duplicated across every ecosystem.
ION enables cross-chain, cross-stablecoin mints and burns, settled 1:1 in seconds, with no pools, bridges, or slippage.
Brale has launched hundreds of stablecoin programs and driven the cost of issuing stables to effectively zero.
But liquidity requirements threaten to limit new stablecoins and protocol adoption.
We refuse to accept that. So we built an alternative.
Today, Brale is introducing
Who's launching with stablecoins has completely changed in the last 12 months.
It started with neobanks: stablecoin first, global by default.
Then GENIUS brought in the traditional fintechs and institutions.
Now companies like @MoneyGram are using stablecoins to rethink their
Whop is one of the fastest growing partners on Rain.
So last week we toasted Whop Cards over dinner in NYC.
@whop's 40,000 businesses generate $4B annualized, and sellers can now spend their earnings instantly anywhere Visa is accepted.
Thanks to everyone who joined!