Ripple Purchases Stablecoin Platform Rail for an Estimated $200 Million Dollars
Ripple Announces Acquisition of Stablecoin-Powered Platform Rail
Ripple, a leading provider of enterprise blockchain and crypto solutions, has agreed to acquire Rail, a stablecoin-powered platform for global payments, for $200 million. The deal, expected to be finalized in the fourth quarter of 2025, pending regulatory approvals, will deepen Ripple's involvement in the fast-growing stablecoin ecosystem.
Rail's forecasted capacity to process over 10% of the $36B global B2B stablecoin payments may significantly contribute to Ripple's growth in the stablecoin sector. The acquisition expands Ripple's digital assets footprint beyond XRP into stablecoins and payments infrastructure.
Monica Long, Ripple's President, stated that Rail will drive the next phase of stablecoin and blockchain innovation in global payments. Rail adds virtual accounts and automated back-office infrastructure to Ripple's capabilities, streamlining operations.
BhanuKohli, Rail's CEO, had previously stated that Ripple shares Rail's vision. This acquisition is not the first for Ripple in 2021, as they have also acquired Hidden Road. Earlier in the year, Ripple acquired prime brokerage Hidden Road in a $1.25 billion deal, with the expected conclusion in the coming months.
The US President's enactment of laws favorable to crypto may have influenced Ripple's recent acquisitions. The acquisition of Rail is a recent move by Ripple, following the US President Donald Trump's enactment of laws favorable to crypto.
Once the deal is finalized, Ripple and Rail aim to deliver the most comprehensive stablecoin payments solution available in the market. Together, they aim to bring their innovation to the millions of businesses that move money internationally.
It is worth noting that the founder of Rail, the stablecoin-based global payments platform acquired by Ripple, is not explicitly named in the available search results.
Ripple has also launched its own stablecoin called RLUSD. This acquisition is part of Ripple's ongoing commitment to expanding its presence in the stablecoin ecosystem. The company's strategic moves suggest a focus on leveraging stablecoins to facilitate faster, cheaper, and more secure global transactions.
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