Rain, a stablecoin payments firm, has achieved a valuation of $1.95 billion following a $250 million Series C funding round, according to reports. The development highlights growing investor interest in companies operating within the stablecoin and digital payments sector. The funding round suggests confidence in Rain's business model and its potential for growth in the evolving cryptocurrency market. The successful funding round and valuation mark a significant milestone for the company.

Rain, a stablecoin payments firm, has achieved a valuation of $1.95 billion following a $250 million Series C funding round, according to reports. The development highlights growing investor interest in companies operating within the stablecoin and digital payments sector. The funding round suggests confidence in Rain's business model and its potential for growth in the evolving cryptocurrency market. The successful funding round and valuation mark a significant milestone for the company.