Rain, a Stablecoin Platform Linked to Visa, Secures $250 Million in Funding
The Visa-associated stablecoin platform, Rain, has raised significant funds to extend its operations globally following impressive growth metrics.

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The Visa-associated stablecoin platform, Rain, has raised significant funds to extend its operations globally following impressive growth metrics.
Former CFTC Commissioner Brian Quintenz has been appointed to SUI Group's board, with a focus on enhancing the company's treasury strategy.
Amidst Bitcoin remaining under $90,000, whales are betting against the cryptocurrency while bullish signals emerge.
Crypto.com is establishing an internal market-making operation to increase liquidity in its prediction markets, asserting compliance with regulations.
The latest report from Stablecoin Insider analyzes the transition of stablecoins from mere trading instruments to essential elements of financial infrastructure.
The inaugural stablecoin-for-stablecoin repurchase agreement illustrates a key evolution in blockchain finance.

Arthur Hayes argues that the Federal Reserve's new RMP is akin to quantitative easing, which could benefit scarce assets like Bitcoin.
Galaxy Research predicts stablecoins could handle transaction volumes exceeding those of the US ACH system as adoption rises.
The FDIC outlines regulations for bank-issued stablecoins, while corporate Bitcoin holdings grow, and Bhutan leverages its Bitcoin for economic development.
The Blockchain Association condemns the proposal to extend stablecoin yield prohibitions to the application layer, citing concerns over market competition.
The SEC has confirmed significant barring periods for Caroline Ellison, Gary Wang, and Nishad Singh from leading companies due to their involvement in FTX's misuse of funds.
PrimeXBT enhances its crypto offerings with 25 new spot assets and improved trading functionalities, marking a significant step in merging crypto and traditional finance.

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