US Edition
Ripple to Buy Stablecoin Platform Rail for $200 Million
SAN FRANCISCO, CALIFORNIA, AUG 7 – Ripple's $200 million acquisition of Rail integrates advanced stablecoin payment infrastructure and captures over 10% of global business-to-business stablecoin transactions, boosting RLUSD's utility.
- On Thursday, Ripple, the established blockchain company behind the XRP Ledger , announced it would acquire Rail for $200 million, a move to strengthen its stablecoin payments leadership.
- In recent months, Ripple expanded its stablecoin infrastructure and applied for a national trust charter from the U.S. Office of the Comptroller of the Currency to regulate RLUSD under federal law.
- Through the acquisition, Ripple will offer on- and off-ramps without requiring customers to hold crypto, enabling stablecoin settlement and custody via a single interface and API.
- Following the announcement, Ripple’s XRP jumped 4% to $3.08, and the acquisition furthers Ripple’s strategic expansion after approximately $3 billion in investments.
- Meanwhile, Ripple’s Standard Custody & Trust Company is seeking a Fed Master account, and the deal is expected to close in the fourth quarter of 2025, pending approvals.
45 Articles
45 Articles
Ripple to acquire stablecoin payments platform Rail for $200M amid U.S. regulatory shift - Tech Startups
Ripple is placing a $200 million bet on the future of stablecoin payments. The crypto company announced Thursday that it’s acquiring Rail, a Toronto-based startup specializing in stablecoin-based cross-border transactions. The deal is expected to close in the fourth quarter, […] The post Ripple to acquire stablecoin payments platform Rail for $200M amid U.S. regulatory shift first appeared on Tech Startups.
Financial Post
Ripple to Acquire Rail for $200M, Expanding Leadership in Stablecoin Payments
SAN FRANCISCO & TORONTO -- Ripple, the leader in enterprise blockchain and crypto solutions, today announced it has agreed to acquire Rail, a stablecoin-powered platform for global payments, for $200 million. With this deal, Ripple and Rail will deliver the most comprehensive stablecoin payments solution available in the market.
Channel News Asia
The Star Kuala LumpurRipple to buy stablecoin platform Rail for $200 million
Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectations cryptocurrency tokens are about to enter the mainstream.Ripple, a crypto company that is closely associated with the token XRP and iss
Ripple To Acquire Rail For $200 Million - SuperbCrew
Ripple, a San Francisco-based enterprise blockchain and cryptocurrency solutions provider, announced its agreement to acquire Rail, a Toronto-based stablecoin-powered payments platform, for $200 million. The deal, expected to close in the fourth quarter of 2025 pending customary regulatory approvals, positions Ripple to enhance its dominance in the stablecoin payments sector by integrating Rail’s infrastructure with its existing offerings, inclu…
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