Rain, the enterprise-grade infrastructure for stablecoin-powered payments, today announced a $250 million Series C funding round led by ICONIQ, with participation from Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy Ventures, FirstMark, Lightspeed, Norwest, and Endeavor Catalyst. The round values Rain at $1.95 billion, brings the company's total funding to over $338 million, and comes just four months...
Solstice Labs, Cor Prime, and Membrane Labs today announced the successful completion of the first institutional stablecoin-for-stablecoin repurchase agreement (Repo) executed under traditional market documentation and settled on a public blockchain. The transaction marks the creation of a standardized, institutional-grade stablecoin funding market that brings familiar TradFi liquidity tools directly onto public blockchain rails.
Bitnomial, Inc. ("Bitnomial"), a U.S. derivatives exchange company, today announced a historic milestone as Bitnomial Clearinghouse, LLC, the only U.S. registered derivatives clearing organization (DCO) accepting digital assets as native margin collateral, becoming the first to accept stablecoins. Bitnomial is launching support for Ripple USD (RLUSD) and expanding its digital asset margin program to include XRP.
The stablecoin market is entering a new phase of transformation. In the landmark joint report by Alchemy Pay and Gate Research, "The New Era of Stablecoins: A Comprehensive Study on Compliance, Innovation, and Adoption", the report dives deep into how stablecoins are reshaping the global financial infrastructure, from its exponential growth and regulatory evolution to the intensifying competition at the infrastructure layer.
GGBR Inc., a Wyoming-based digital assets company, has announced the official public launch of its platform alongside the innovative Goldfish gold-backed stablecoin, following a long-term strategic partnership with I-ON Digital Corp. ("I-ON"), a leader in real-world asset (RWA) digitization and gold-backed digital securities.
Brex, the intelligent finance platform, announced today the upcoming launch of native stablecoin payments. This will make Brex the first global corporate card to enable instant balance payments with stablecoins. With this launch, customers with a Brex business account will be able to accept stablecoins with automatic conversion into USD in their Brex business accounts and send stablecoins directly from their USD balances.
Rain, the enterprise-grade infrastructure for stablecoin-powered payments, today announced native support for USD+, a yield-bearing stablecoin issued by Dinari, the leading provider of tokenized U.S. public securities. With this integration, Rain's partners—including Offramp—can now offer customers outside of the United States the ability to hold USD+ and use it globally through Rain-issued cards.
World Liberty Financial, the DeFi protocol and governance platform inspired by President Donald J. Trump, and Chainlink, the standard for onchain finance, announced a landmark collaboration to accelerate the adoption of the world's fastest-growing stablecoin, USD1. As part of this collaboration, World Liberty Financial has integrated Chainlink Cross-Chain Interoperability Protocol (CCIP) to expand access to the institutional-grade...
Frax Finance, a decentralized stablecoin cryptocurrency protocol, today announced the launch of a new stablecoin, frxUSD, that will leverage BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize, to deliver a secure, transparent, and fully auditable backing mechanism.
First Digital Group ("First Digital" or the "Group"), a leader in digital asset custody and trust services in Asia and parent company of FD121 Limited (also known as First Digital Labs), announces that First Digital USD ("FDUSD") will be natively deployed to the Solana blockchain, further strengthening and bolstering access to the stablecoin.