The stablecoin platform Rain, which is linked to Visa, has reportedly raised $250 million, giving the company a valuation of $1.95 billion. According to reports, the valuation follows a period of significant growth, with card usage increasing 30-fold in 2025. The company plans to use the new capital for expansion into multiple continents, according to the announcement. The development highlights the continued interest and investment in stablecoin platforms and their potential for growth within the digital payments landscape.

The stablecoin platform Rain, which is linked to Visa, has reportedly raised $250 million, giving the company a valuation of $1.95 billion. According to reports, the valuation follows a period of significant growth, with card usage increasing 30-fold in 2025. The company plans to use the new capital for expansion into multiple continents, according to the announcement. The development highlights the continued interest and investment in stablecoin platforms and their potential for growth within the digital payments landscape.