Deep Tide TechFlow News, August 28, according to The Information, cryptocurrency card issuer Rain has completed a $58 million Series B funding round, led by Sapphire Ventures, with participation from Dragonfly, Galaxy Ventures, Endeavor Catalyst, Samsung Next, and Lightspeed.

Rain has launched Visa-supported debit cards, allowing stablecoins to be spent at all locations that accept Visa. Rain enables new banks and fintech companies (such as Nuvei) to offer stablecoin payment services.