Rain is seeking a national trust bank charter to bypass third-party banks
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem dollar-backed…
Sector
Prediction Markets
A crypto prediction market is a marketplace where people can bet on the outcome of future events using crypto.
$6.25BSector capitalization
-4.18%over 24 hours
$17.57MTraded in 24 hours
1Assets classified here
Share of the sector’s capitalization
The ten largest members hold 100.0% of the total. An asset can sit in several sectors, so these shares do not carry over from one sector to another.
Reading a sector. Sector capitalization is the sum of its members’ market capitalizations. Members are assets CoinGecko classifies in this category; most assets belong to several categories, so sector totals overlap and must not be added together.
01
Constituents
| # | Asset | Price | 24h | 7d | Market cap | Value locked | Fees, annualized | MC / fees | From high |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
 RainRAIN
|
$0.008818 | -4.18% | -15.41% | $6.25B | $16.62M | $3,419 | 1,939,609× | -54.70% |
02
Sector coverage
Recent stories about assets in this sector. Each story appears on one sector page only, so sectors that share members still carry different coverage.
Rain seeks US trust bank charter days after OCC sued over crypto charters
Rain joins a growing queue of crypto firms seeking federal trust charters, while community banks have just asked a court to overturn the OCC rules underpinning them.