🚀 Ripple Secures $200M Rail Deal — $XRP Eyes Stablecoin Boom! 🚀
Ripple has acquired Rail, a stablecoin-powered payments platform, for $200M, aiming to supercharge stablecoin adoption & blockchain-based global payments.
💡 Rail will plug directly into Ripple Payments — a network with market-leading liquidity & 60+ global licenses — offering:
• Stablecoin on/off-ramps
• Asset flexibility & treasury solutions
• Premium digital asset liquidity
• Enterprise-grade, compliance-ready payments
📈 *** Monica Long, Ripple President***:
"Stablecoins are becoming a cornerstone of modern finance — with Rail, we’re uniquely positioned to drive the next phase of innovation."
Meanwhile, $XRP price action stays bullish:
✅ Broke short-term downtrend from $2.72 support
✅ Trading above key EMAs (50-EMA: $3.01, 100-EMA: $3.03, 200-EMA: $2.93)
✅ Eyeing resistance at $3.10 and $3.32 (July peak)
🔍 Market watch:
• OI down 34% from July highs ($10.94B → $7.23B) — possible fuel for breakout if volume returns
• Holding $3.00 support is key; lose it, and eyes shift to $2.93 & $2.72
📊 With the US easing barriers to crypto innovation, Ripple’s move could drive stronger demand for $XRP & its RLUSD stablecoin in the months ahead.
