@baseddesigner.eth
rain.xyz raised $250m which is $100m more than the programmable social app with stablecoins built in that we've got here
and it's basically a company that doesn't do anything, they just partnered with a bunch of folks and let them take responsibility, custody, and payment solutions are all external
and even reuters is shilling them lol
"Rain is a financial technology company. Rain is not a bank, exchange, or asset custodian.
Rain does not facilitate FDIC insurance or hold deposits.
Payment products are provided in partnership with licensed institutions. Cards are issued by partners licensed in their respective jurisdictions."
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