$XRP
Ripple, a company focused on digital payments, is buying Rail, a platform for stablecoins, for $200 million. Stablecoins are digital currencies with steady value, unlike XRP, Ripple's cryptocurrency, which can fluctuate. This deal helps Ripple grow its role in stablecoin technology, making cross-border payments and blockchain transactions easier and more reliable. The purchase should finalize in late 2025 if regulators approve. For XRP, this could mean more use in payments and liquidity on blockchain networks, boosting Ripple's goal to make global transactions faster and cheaper.