Rain, a stablecoin infrastructure platform, has raised $58 million in a Series B round led by Sapphire Ventures, with participation from Dragonfly, Galaxy Ventures, Endeavor Catalyst, Samsung Next, Lightspeed, and Norwest.
Expansion Amid Regulatory Tailwinds
The raise comes just five months after Rain’s Series A, underscoring strong...
Ripple—the blockchain powerhouse behind XRP and the RLUSD stablecoin—has struck a strategic deal to acquire Rail, a Toronto-based stablecoin payments platform, for $200 million (Finextra).
Deal Details at a Glance
The acquisition is expected to close in Q4 2025, pending regulatory approval...
MetaMask is reportedly shaking up the crypto scene with a groundbreaking proposal: launching its own USD‑pegged stablecoin, tentatively dubbed MetaMask USD (mmUSD)—and partnering with Stripe to make it...
Stablecoins have crossed a major milestone: nearly $940 billion in settlement volume in a single month, putting them within striking distance of Visa’s monthly figures. And the...
In a move that could redraw the map of corporate finance, Corpay (NYSE: CPAY), a global leader in B2B payments, has teamed up with Circle, the issuer...
Excerpt
A $245 billion stablecoin market is now parking over $127 billion in U.S. Treasury bills—enough to nudge money-market yields and regulators’ pulse.
We dissect the...
Hong Kong is ready to take the lead in Asia’s stablecoin race. The region’s financial watchdog, the Hong Kong Monetary Authority (HKMA), has announced that it...
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PayPal will let every U.S. merchant accept more than 100 cryptocurrencies and settle in dollars at just 0.99%—a 90% haircut to today’s card fees.
But new...
BlackRock, Citi, and JPMorgan Signal Institutional Push into Tokenized Dollars
From private blockchains to regulated issuance rails, America’s financial giants are gearing up to shape...
Ripple has selected BNY Mellon as its custody provider for the upcoming Ripple stablecoin, further signaling its intention to enter the tokenized payments race with institutional credibility...
In the fast-evolving digital finance landscape, stablecoins have quietly become one of the most profitable instruments in the market. But what exactly makes them so...
Multiple banks in South Korea have filed for “won”-backed stablecoin trademarks, signaling growing interest in blockchain finance — but big questions remain around timing,...
As global stablecoin projects grow, Chinese regulators issue a fresh reminder: the line between innovation and fraud remains thin.
The news
According to Cointelegraph, the Chinese Public Security...
MiCA’s arrival reshapes the stablecoin battlefield, and Paxos wants to lead the charge.
The announcement
On July 2, 2025, Paxos announced the launch of a MiCA-compliant euro-denominated stablecoin, called Paxos...
