Ripple To Boost XRP, RLUSD Stablecoin With Acquisition Of Payments Firm Rail For $200 Million ⋆ ZyCrypto
The post Ripple To Boost XRP, RLUSD Stablecoin With Acquisition Of Payments Firm Rail For $200 Million ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
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  Ripple has announced today that it has entered into a $200 million agreement to acquire Rail, a Toronto-headquartered stablecoin payments platform, for $200 million. The move cements Ripple’s position among stablecoin operators as U.S. stablecoin rules take shape. Ripple expects to complete the transaction in Q4 2025, pending regulatory approval. Ripple’s Deal With Rail Ripple is buying Rail, a firm backed by Galaxy Ventures and Accomplice. The company stated the move seeks to expand its enterprise-grade digital asset infrastructure and “deliver the most comprehensive stablecoin payments solution available in the market.” The acquisition will allow Ripple to offer stablecoin on-and off-ramps without needing customers to create dedicated digital wallets and to facilitate customers in managing multiple payment types on behalf of themselves and their internal treasury flows. Advertisement
  Rail currently has more than 12 banking partners, and the firm services fintechs, payment providers, neobanks, and enterprise organizations, as per the press release. Dedicated features for banking partners include know-your-customer workflows, compliance reviews, and transaction monitoring, according to Rail’s website. Ripple expects the acquisition to enable it to facilitate payments through its dollar-pegged RLUSD stablecoin, as well as the XRP cryptocurrency. RLUSD currently boasts a $611 million market cap since its launch in December. XRP spiked 1.9% on Thursday to a local high of $3.08, according to data from CoinGecko. Nonetheless, the third-largest digital asset by market cap has slumped 4.9% over the last two weeks. According to Rail CEO Bhanu Kohli, the company is projected to process over 10% of global stablecoin payments volume in 2025 to reduce cross-border settlement to hours rather than days, a market estimated to hit a whopping $36 billion worldwide, per data from Artemis Analytics. Ripple Strengthens Stablecoin Market Presence The Rail acquisition is largely viewed as Ripple’s ongoing…
Filed under: News - @ August 8, 2025 6:25 am