Odaily News Stablecoin payment company Rain has partnered with Toku to launch a stablecoin payroll system for global employers, enabling instant cross-border payments. The platform supports stablecoins such as USDC, RLUSD, and USDG, and plans to add more stablecoins based on demand and Compliance. The related services are integrated with existing payroll systems, aiming to modernize payroll processes by leveraging Blockchain technology. (CoinDesk)

The encryption card issuer Rain has expanded support for Solana, Tron, and Stellar networks, allowing users to make payments with stablecoins at Visa-supported locations. Businesses can more easily launch their own payment cards, supporting various payment scenarios, facilitating cross-border transactions and daily consumption.

BlockBeats news, on May 29, according to CoinDesk, the crypto card issuer Rain has added support for Solana, Tron, and Stellar networks, allowing users to make payments with stablecoins anywhere Visa is accepted. This update will make it easier for businesses building projects on these chains to launch their own branded payment cards, supporting both custodial and non-custodial Wallets, suitable for cross-border and various payment scenarios. Users will then be able to use stablecoins for real-life consumption, such as purchasing daily necessities, distribution of corporate payments, or receiving overseas funds.

Odaily News Rain, the encryption card issuer, announced the completion of a $24.5 million financing round, led by Norwest Venture Partners, with participation from Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. Rain issues debit and credit cards, allowing customers to settle payments in stablecoin.

Golden Finance reported that Stable Coin USDG is now available on the Solana blockchain to expand accessibility and utility, while USDG also disclosed new partners such as alfred, Caliza, Noah, RAIN, and Sling Money.

On August 7th, according to the monitoring of Paidu Shield, the attackers of the cryptocurrency trading platform RAIN transferred 1155 ETH (approximately US$2.9 million) to Tornado Cash.

According to The New York Times, Sam Altman is personally pitching Rain AI to OpenAI investors, hoping for financial support. Altman is pushing for the upcoming $150 million Series B financing round for Rain AI, which would value the company at around $600 million. Altman is reported to be a

PANews August 9th news, PeckShield monitoring shows that a HackerAddress related to encryptionexchangeRain has transferred 721 ETH (about $1.7 million) to Tornado Cash.