AngelList ends crypto funding support tied to Ripple’s Rail

cryptonews07-08 15:15

AngelList will stop supporting crypto payments for investment funding at the end of July. Summary AngelList will pause crypto investment funding, pushing users toward ACH and wire transfer ...

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The change affects payments made in USDC, USDT, DAI, and ETH.AngelList said its third-party crypto payments provider is discontinuing the service. Users will need to use traditional payment routes for upcoming investments until the company restores or replaces crypto funding support.The AngelList change does not mean enterprise stablecoin payments are failing. 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The change affects payments made in USDC, USDT, DAI, and ETH.\nAngelList said its third-party crypto payments provider is discontinuing the service. Users will need to use traditional payment routes for upcoming investments until the company restores or replaces crypto funding support.\nThe company said ACH and wire transfers will remain available. Domestic wires usually arrive within one to two business days, while international wires can take longer, according to AngelList’s payment guidance.\n\nAngelList shutting down crypto support. pic.twitter.com/LTVuKEpkLq— Alex Svanevik 🐧 (@ASvanevik) July 8, 2026\n\nRail partnership winds down\nThe notice follows reports that AngelList is ending its relationship with Rail, the stablecoin payment company now operated by Ripple. AngelList said the change will not affect existing investments, account access, or portfolio data.\nThe platform also told users to switch to fiat payment methods before the July 31 deadline to avoid processing delays. That gives investors and fund managers a short window to move planned investment payments away from digital assets.\nThe move matters because AngelList serves a large base of startup investors, funds, and syndicates. Its decision shows that even high-profile tech and venture platforms may still rely on fiat rails when crypto support becomes harder to maintain.\nRipple bought Rail for payments push\nRipple agreed to acquire Toronto-based Rail for $200 million in August 2025. Ripple said the deal would strengthen its stablecoin payments business and support enterprise-grade settlement.\nRail was built to help businesses move money using stablecoins without forcing them to manage crypto wallets or exchanges directly. The platform supported global payments across fiat currencies and stablecoins such as USDC and USDT.\nRipple later folded Rail into a broader payments strategy. Ripple has been building a larger institutional stack through acquisitions, including Rail for payments, Hidden Road for prime brokerage, and GTreasury for treasury management.\nFiat rails remain hard to replace\nThe AngelList change does not mean enterprise stablecoin payments are failing. It does show that adoption depends on product fit, compliance needs, servicing, and user demand.\nAs previously reported by crypto.news, stablecoin payments have been gaining use in business banking, treasury, payroll, and cross-border settlement. These use cases often target back-office flows rather than public-facing investment checkout pages.\nRipple has also continued to expand around stablecoins. Ripple joined Open USD while keeping its own RLUSD stablecoin, giving it exposure to more than one payment network.\n\n\n\n\n\n                Read more:\n            \n\n                Kalshi loses New York court bid over sports prediction markets","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2649965967","isCrawlerRequest":true}