The Resurgence of Stablecoin Infrastructure: Why VC-Backed Platforms Like Rain and M^0 Are Cornerstones of the Next Crypto Bull Run

The crypto bull market of 2025 is being driven not by speculative tokens but by foundational infrastructure. At the forefront are stablecoin platforms like Rain and M^0, which are redefining global payments and DeFi through institutional-grade solutions. With combined VC funding exceeding $98 million in 2025 alone, these platforms are addressing critical gaps in cross-border commerce, financial inclusion, and regulatory compliance—positioning themselves as linchpins in the next phase of crypto adoption.

Rain: The Enterprise-Grade Stablecoin Ecosystem

Rain has emerged as a dominant force in stablecoin infrastructure, securing $58 million in Series B funding led by Sapphire Ventures, with Samsung Next and Galaxy Ventures among its backers [1]. This brings its total capital to $88.5 million, underscoring institutional confidence in its ability to scale. Rain’s platform processes 10x higher transaction volume since January 2025, operating in 150+ countries and serving 1.5 billion users [2]. Its multi-chain architecture—supporting Solana, Tron, and Stellar—enables seamless cross-border payments with near-zero costs, while its Visa Principal Member status allows partners to issue globally accepted stablecoin-powered cards [3].

A key innovation is Rain’s integration of yield-bearing stablecoins like Dinari’s USD+, which offers 5% APY while enabling real-time spending. This dual utility has been transformative in emerging markets. For example, Offramp, a neobank in Latin America, uses USD+ to let users earn daily yield while spending globally or investing in tokenized equities [4]. Similarly, Nuvei leverages Rain’s infrastructure to streamline cross-border B2B payments, reducing costs by 70% for enterprises in fast-growing economies [5]. These use cases highlight Rain’s ability to bridge traditional finance and DeFi, offering scalable solutions for payroll, remittances, and merchant payouts.

M^0: Programmable Stablecoins for a Decentralized Future

While Rain focuses on enterprise payments, M^0 is pioneering programmable stablecoins that adapt to diverse use cases. Its $40 million Series B round, led by Polychain and Ribbit Capital, has fueled the development of a two-tier model that decouples reserve management from programmability [6]. This allows regulated entities to hold reserves while developers create application-specific stablecoins compliant with frameworks like the U.S. GENIUS Act and EU MiCA [7].

M^0’s infrastructure is already being adopted by institutions like JPMorgan and MetaMask, demonstrating its scalability. In emerging markets, where stablecoins serve as a hedge against inflation, M^0’s platform enables cross-border transactions and wealth preservation. For instance, in Nigeria and Argentina, users rely on M^0-backed stablecoins to protect against currency devaluation [8]. The platform’s supply has grown 215% since 2025, reflecting its expanding role in DeFi lending and institutional finance [9].

Strategic Investment in a $2 Trillion Market

The global stablecoin market, now valued at $289 billion, is projected to reach $2 trillion by 2028, driven by regulatory clarity and demand for efficient cross-border solutions [10]. Rain and M^0 are uniquely positioned to capture this growth. Rain’s vertically integrated infrastructure—compliant with PCI DSS and SOC 2 standards—addresses institutional pain points like security and interoperability [11]. Meanwhile, M^0’s focus on programmability aligns with the rise of tokenized assets and decentralized finance, enabling innovations like low-collateral lending and dynamic yield distribution [12].

Emerging markets are a critical battleground. Mastercard and Circle’s EEMEA partnership, which uses USDC and EURC to reduce transaction fees by 70%, exemplifies the potential of stablecoins to democratize access to global commerce [13]. Similarly, Rain’s partnerships with Qash and Takenos in Latin America have introduced blockchain-based Visa cards, enabling 600 million users to spend stablecoins at 180+ countries [14]. These initiatives underscore the strategic value of stablecoin infrastructure in regions with underdeveloped banking systems.

Conclusion: Cornerstones of the Next Bull Run

As the crypto market matures, infrastructure platforms like Rain and M^0 are becoming essential for institutional adoption. Their ability to combine regulatory compliance, technological innovation, and real-world utility positions them as cornerstones of the next bull run. With the stablecoin market expanding rapidly and emerging economies embracing digital finance, strategic investments in these platforms offer a compelling opportunity to capitalize on the future of global payments and DeFi.

Source:
[1] Rain Raises $58M Series B Led By Sapphire Ventures [https://www.prnewswire.com/news-releases/rain-raises-58m-series-b-led-by-sapphire-ventures-to-become-the-enterprise-stablecoin-platform-of-record-302540587.html]
[2] Rain Scoops Up $58M Series B Round [https://vcnewsdaily.com/rain-platform/venture-capital-funding/zzlggnwnjz]
[3] Rain Adds Solana, Tron & Stellar to Power Global Stablecoin Cards [https://coincentral.com/rain-adds-solana-tron-and-stellar-to-power-global-stablecoin-card-payments/]
[4] Rain Adds Support for Dinari's USD+, Enabling Yield-Bearing Stablecoin Spending Across Latam [https://finance.yahoo.com/news/rain-adds-support-dinaris-usd-120000862.html]
[5] Nuvei Launches Comprehensive Blockchain Payment Solution [https://www.nuvei.com/posts/nuvei-launches-comprehensive-blockchain-payment-solution]
[6] Startup M0 Raises $40M Series B as VCs Pile Into Stablecoins [https://finance.yahoo.com/news/startup-m0-raises-40m-series-145625445.html]
[7] M0 and the Future of Stablecoin Infrastructure [https://www.ainvest.com/news/m0-future-stablecoin-infrastructure-principles-approach-reshape-digital-dollar-ecosystems-2508/]
[8] Stablecoins: Importance in Emerging Markets and ... [https://business.cornell.edu/article/2025/04/stablecoins-importance-in-emerging-markets/]
[9] M0's Strategic Position in the Evolving Stablecoin Ecosystem [https://www.ainvest.com/news/m0-strategic-position-evolving-stablecoin-ecosystem-high-conviction-entry-point-institutional-investors-2508/]
[10] The Stable Door Opens: How Tokenized Cash Enables Next-Gen Payments [https://www.mckinsey.com/industries/financial-services/our-insights/the-stable-door-opens-how-tokenized-cash-enables-next-gen-payments]
[11] Rain's Strategic Position as the Go-To Stablecoin Infrastructure for Institutional Adoption [https://www.ainvest.com/news/rain-strategic-position-stablecoin-infrastructure-institutional-adoption-2508/]
[12] Decoding DeFi 2025: Ten Key Insights from Consumer ... [https://www.mexc.com/el-GR/news/decoding-defi-2025-ten-key-insights-from-consumer-finance-to-technological-innovation/416]
[13] Mastercard Expands Partnership with Circle to Transform Digital Settlement for Merchants and Acquirers in Region [https://www.mastercard.com/news/eemea/en/newsroom/press-releases/en/2025-1/august/mastercard-expands-partnership-with-circle-to-transform-digital-settlement-for-merchants-and-acquirers-in-region/]
[14] Rain | How Rain is Powering the $415B Digital Finance Market in Latin America [https://www.raincards.xyz/resources/how-rain-is-powering-the-415b-digital-finance-market-in-latin-america]