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Stablecoin Infrastructure Startups Attract $98M as Regulatory Clarity Drives Investment Surge
Stablecoin Infrastructure Startups Attract $98M as Regulatory Clarity Drives Investment Surge
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BTCCSquare news:
Two stablecoin infrastructure companies have raised nearly $100 million combined this week, signaling growing investor confidence in cryptocurrency payment systems amid clearer regulatory frameworks. Rain, a Visa-partnered card issuer, secured $58 million in Series B funding, while M0 announced a $40 million round.
Rain's valuation has surged six-fold since its Series A, with annualized spending volume exceeding $1 billion on its stablecoin-backed cards. The company enables neobanks and fintech firms to offer stablecoin payments through a single API integration. M0, meanwhile, focuses on cross-chain interoperability for stablecoin issuers, recently partnering with MetaMask for its stablecoin launch.
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