In a massive deal, Ripple acquired the Rail stablecoin infrastructure platform for $200 million. The goal? To boost the $RLUSD currency backed by Ripple and expand the global payment network.
The deal is not just an ordinary acquisition, but an indication that Ripple is transforming from just a money transfer protocol into a major force in the stablecoin market.
Centralized markets like $USDT and $USDC are now facing a real competitor, backed both technically and financially.
Question: Is RLUSD capable of gaining actual market share?
Do you think Ripple is capable of entering this race and challenging the giants?
#Ripple #Rail #RLUSD #Stablecoins
