๐จ Ripple is making big moves!
The company has announced it will acquire Rail, a stablecoin payments platform, for $200 million โ and XRP responded with a 4% price surge! ๐
๐ธ Rail enables stablecoin pay-ins/pay-outs without holding crypto directly
๐ฆ It partners with global banks for better cross-border payments
๐ Ripple plans to integrate Railโs tech to streamline digital asset settlements, including XRP and RLUSD
๐ Rail is expected to power over 10% of all global B2B stablecoin payments in 2025
This acquisition marks another step in Rippleโs $3B+ strategy to lead in the crypto payments space.
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