Ripple plans to spend $200 million to acquire the stablecoin platform Rail. If this happens, it will truly drop a bombshell in the stablecoin field!

Do you know Ripple? They previously issued their own stablecoin RLUSD, and in recent months, they have been heavily investing in stablecoin infrastructure. This time, they have their eyes on Rail, showing significant ambition!

As a stablecoin platform, Rail is also somewhat well-known in the industry. Its technology and operational model can bring many benefits to Ripple. For example, it can make Ripple's existing payment network stronger and provide users with more diverse services. Moreover, with Rail's addition, Ripple will have more cards to play when competing with other stablecoins.

According to the plan, this acquisition will be completed in the fourth quarter of this year, but it still needs to wait for regulatory approval. This regulatory approval is a key link; if it passes smoothly, Ripple will be able to successfully "incorporate" Rail and start a new round of expansion in the stablecoin market; if anything goes wrong, this acquisition might be in jeopardy.

This $200 million acquisition, regardless of the final outcome, has already stirred up waves in the cryptocurrency and stablecoin circles. #香港稳定币新规