Ripple, the company that the SEC chased through the courts, is now buying payment infrastructure like Bill Gates buys land. The latest purchase? Rail - a Canadian stable coin platform. Price: $200 million. Not loonies, but real, American, free dollars.
Why Canada?
Well, first of all, because Canadians are too polite to say 'no.' And secondly, Rail controls a full 10% of the entire global B2B payments market in stable currencies. Yes, those 'stable' coins that were invented to not be Bitcoin, but also not be dollars, but something in between.
RLUSD: The new dollar in town.
Ripple is promoting its stable coin RLUSD. It’s like if you crossed PayPal, the IMF, and a healthy lifestyle blogger: seemingly payments, seemingly stability, but always something 'in beta.' Now imagine RLUSD suddenly gaining access to the Rail network, with its virtual accounts, banking integrations, and some devilishly efficient back-office.
So now, will Ripple become the new SWIFT?
And Ripple will respond: 'Not SWIFT. Better!'
They are really doing it.
Why does Ripple need all this?
Ripple doesn't just want to be 'another crypto company.' They want to be all crypto at once, and at the same time replace your bank, PayPal, Western Union, and Benjamin Franklin on the bill.
By the way, Ripple has already acquired Hidden Road for $1.25 billion. Who are they? It’s like the CIA, but in the world of liquidity and derivatives. The strategy is simple: buy infrastructure, take a stable coin, wrap it all in a corporate package, and you pay for coffee through RLUSD without even noticing that the dollar has become a Canadian.
And what about Tether and USDC?
Ripple is now like that guy in the bar who bought both the bar and the music, and is already calling your girlfriend.
Tether? Missed the moment.
USDC? Silent as Harry Potter without his wand.
RLUSD? Striding across the world with a suitcase full of dollars and buying everything that’s lying around.
And where are the regulators, you might ask?
Regulators. They are where they've always been: sitting in Senate hearings and wondering how VPNs work.
While Ripple is distributing virtual IBAN accounts and establishing cross-border payments, officials are arguing whether RLUSD is a 'digital asset,' a 'security,' or 'witch's fire.' The answer is simple – it’s already a reality.
So, what do we have?
Ripple is no longer just XRP. It’s an infrastructure giant.
RLUSD is not a joke, but a contender for the title of the planet's stable currency.
Canada is another victim of friendly crypto-occupation.
And you, get ready to pay for coffee using blockchain, even if you didn't ask for it.
