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Rain: announces a community buyback and burn - 21 Jul 2026

By Exbasi Intelligence
Sourced from CoinMarketCal
Rain: announces a community buyback and burn - 21 Jul 2026
The Rain Foundation says it is deploying $23,000,000 in USDT to buy back RAIN directly from the community at a fixed, pre-set price, with every purchased token permanently burned and participants receiving immediate USDT settlement.A foundation-funded buyback creates direct demand for RAIN by committing treasury capital to purchases from holders. Burning all acquired tokens then removes that supply permanently, which can tighten circulating availability if the program is fully carried out. Immediate USDT settlement also makes the transaction terms clear for participants at the stated fixed price.The scale of the effect is harder to judge from the announcement alone because it does not specify the buyback duration or how many tokens the $23,000,000 is expected to retire. That means the event confirms the program's availability and mechanism, while the eventual supply impact depends on execution details that are not included here.⁠🌧️ The Rain Foundation is deploying $23,000,000 in USDT to buy back directly from the community - at a fixed, pre-set price.Every token bought back - 100% permanently burned. 🔥Participants get immediate USDT settlement, fully shielded from market volatility.This is…

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Rain: announces a community buyback and burn - 21 Jul 2026 | Exbasi News