Ripple is buying Rail, a stablecoin payments platform, for $200 million, the firm said on Thursday.The deal is likely to close in the fourth quarter of this year, the statement…
Ripple Labs (XRP) has announced that it is acquiring stablecoin platform Rail in a deal worth approximately $200 million. Ripple has invested heavily in stablecoin infrastructure in recent months, even…
Ripple has agreed to acquire Rail, a
stablecoin-focused global payments platform, for $200 million. The deal,
announced this week, is expected to close in the fourth quarter of 2025,
pending regulatory approvals. It…
In brief
Ripple has agreed to acquire Rail for $200 million.
The Canadian stablecoin platform has key compliance features.
The companies will promote RLUSD and XRP’s use in payments.
Ripple has entered into a…