$XRP
๐จ Ripple Makes $200M Stablecoin Power Move ๐จ
Ripple is acquiring Toronto-based stablecoin payments platform Rail for $200M, aiming to close the deal in Q4 2025 pending regulatory approval.
Why it matters:
Rail handles ~10% of global stablecoin payment volume.
Adds virtual accounts & automated back-office tools to Rippleโs ecosystem.
Strengthens Rippleโs RLUSD stablecoin payment infrastructure.
Big picture:
The move follows new U.S. stablecoin regulations signed in July, potentially paving the way for mainstream adoption. Itโs Rippleโs second big acquisition this year, after buying prime broker Hidden Road for $1.25B.
๐ฌ Ripple President Monica Long: โWeโre building the most comprehensive stablecoin payments solution in the market.โ
๐ Credits: Reuters โ Aug 7, 2025