According to Reuters, Ripple announced that it will make a new investment.
Accordingly, Ripple announced that it will acquire the stablecoin payment platform Rail for $200 million following U.S. President Donald Trump's signing of the stablecoin law GENIUS in recent weeks.
Ripple is coming to the forefront with its own stablecoin named RLUSD, following significant investments in stablecoin infrastructure in recent months.
The deal is expected to be completed in the fourth quarter of 2025 after obtaining regulatory approvals.
The acquisition enhances cross-border payment capabilities by integrating Rail's virtual accounts and automated payment system.
Ripple President Monica Long noted that acquiring Rail will help expand the customer base of RLUSD's issuer as stablecoin regulations mature in the U.S. and globally. The Rail acquisition provides Ripple with a regulated payment platform in Canada, the U.S., and key emerging markets at a time when companies and fintechs are seeking compliant stablecoin Rails.
*Stay tuned for new developments*