Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto: Rain, a US stablecoin infrastructure provider and a principal member of the Visa payment network, has raised $250 million in its latest funding round, Bloomberg estimated stablecoin payment inflows could rise to $56.6 trillion by 2030, and the Stand With Crypto advocacy group has prioritized backing a key US market structure bill in a highly contentious political year marked by midterm elections.

Rain, a US stablecoin infrastructure provider and a principal member of the Visa payment network, has secured major funding to expand its global presence.

The platform raised $250 million in a Series C funding round led by the global investment firm Iconiq, according to an announcement on Friday.

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