Ripple to Acquire $200 Million Stablecoin Payment Company Rail to Enhance RLUSD
Ripple announced a deal to acquire Rail, a global stablecoin-based payment platform, for $200 million. The deal is expected to close in the fourth quarter of 2025, pending regulatory approval.
The acquisition aims to:
Strengthen Ripple's position in digital asset payments: Rail will bring virtual account capabilities and back-office automation to Ripple's existing payment infrastructure.
Enhance stablecoin and blockchain adoption: By combining the strengths of Ripple and Rail, they aim to provide the most comprehensive stablecoin payment solution in the market, enabling global payments 24/7 through a single API.
Expand reach and liquidity: Rail has connections with over a dozen banking partners, which will expand access to cross-border payment channels. This combined platform will also support assets like RLUSD, XRP, and other stablecoins such as USDC and USDT.
Facilitate B2B transactions: Rail is expected to process over 10% of the global B2B stablecoin payment volume worth $36 billion by 2025.
This acquisition is Ripple's latest strategic move to expand its digital asset payment infrastructure amid rising demand for stablecoin-based transactions. Ripple has also launched its own stablecoin RLUSD at the end of 2024 and partnered with Bank of New York Mellon as the primary custodian of RLUSD reserves.