Ripple to acquire stablecoin payment platform Rail for $200m
The post Ripple to acquire stablecoin payment platform Rail for $200m appeared on BitcoinEthereumNews.com. Ripple has agreed to acquire Toronto-based stablecoin payments firm Rail in a deal worth $200 million. Summary Ripple expects to close the $200 million acquisition of Rail in the fourth quarter. The acquisition will be key to Ripple’s expansion in the stablecoin payments market. Ripple, the company behind the XRP (XRP) cryptocurrency token and stablecoin Ripple USD (RLUSD), announced its acquisition of Rail on Thursday, Aug. 7, noting in a press release that the deal will bolster the company’s stablecoin payments solution. Per details Ripple shared in the announcement, the $200 million deal for Rail is expected to close in the fourth quarter of 2025. With this move, Ripple will gain access to Rail’s infrastructure, including virtual accounts, a banking partner network, and automated back-office support, aimed at strengthening its position in the $36 billion global B2B stablecoin market. “Ripple has one of the most widely used digital asset payment networks in the world, and this acquisition underscores our commitment to helping our global customer base to move money wherever and whenever they need,” said Monica Long, Ripple President. Ripple’s stablecoin play Other key benefits of Ripple and Rail’s integration via the acquisition will include comprehensive stablecoin pay-ins and pay-outs across key corridors, with customers not required to hold cryptocurrencies on their balance sheets. Customers will also have access to third-party payments and internal treasury flows. The companies will offer support for multiple digital assets, including XRP and RLUSD. Ripple plans to tap into Rail, not just to streamline its operations and expand reach, but have a significant say in the B2B stablecoin payments sector. “Over the last four years, Rail built the fastest way to settle business payments internationally using stablecoins, and in 2025, Rail is forecasted to process over 10% of the $36B global B2B stablecoin payments. Ripple…
The post Ripple to acquire stablecoin payment platform Rail for $200m appeared on BitcoinEthereumNews.com.
Ripple has agreed to acquire Toronto-based stablecoin payments firm Rail in a deal worth $200 million. Summary Ripple expects to close the $200 million acquisition of Rail in the fourth quarter. The acquisition will be key to Ripple’s expansion in the stablecoin payments market. Ripple, the company behind the XRP (XRP) cryptocurrency token and stablecoin Ripple USD (RLUSD), announced its acquisition of Rail on Thursday, Aug. 7, noting in a press release that the deal will bolster the company’s stablecoin payments solution. Per details Ripple shared in the announcement, the $200 million deal for Rail is expected to close in the fourth quarter of 2025. With this move, Ripple will gain access to Rail’s infrastructure, including virtual accounts, a banking partner network, and automated back-office support, aimed at strengthening its position in the $36 billion global B2B stablecoin market. “Ripple has one of the most widely used digital asset payment networks in the world, and this acquisition underscores our commitment to helping our global customer base to move money wherever and whenever they need,” said Monica Long, Ripple President. Ripple’s stablecoin play Other key benefits of Ripple and Rail’s integration via the acquisition will include comprehensive stablecoin pay-ins and pay-outs across key corridors, with customers not required to hold cryptocurrencies on their balance sheets. Customers will also have access to third-party payments and internal treasury flows. The companies will offer support for multiple digital assets, including XRP and RLUSD. Ripple plans to tap into Rail, not just to streamline its operations and expand reach, but have a significant say in the B2B stablecoin payments sector. “Over the last four years, Rail built the fastest way to settle business payments internationally using stablecoins, and in 2025, Rail is forecasted to process over 10% of the $36B global B2B stablecoin payments. Ripple…
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