Ripple to buy stablecoin payments platform Rail for $200 million
Ripple has announced its acquisition of the stablecoin payments platform Rail for $200 million, with the deal set to close in Q4 2025. This strategic move aims to enhance Ripple's digital asset infrastructure and provide a comprehensive stablecoin payments solution. The acquisition will enable Ripple to offer stablecoin on- and off-ramps without requiring customers to hold cryptocurrency, allowing them to manage multiple payment types efficiently. Rail is projected to process over 10% of global stablecoin payments in 2025, in a market estimated to be worth $36 billion globally. The platform will facilitate payments through various digital assets, including Ripple USD (RLUSD) and XRP, while also enabling streamlined third-party and treasury payments. Ripple's long-term strategic focus on mergers and acquisitions follows $3 billion in investments to date. The company is also actively pursuing compliance with the Markets in Crypto-Assets Regulation (MiCA) to expand into the EU market.
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