- Ripple is buying Rail for $200M to enhance its stablecoin payment services, supporting XRP and RLUSD.
- The deal, set to close in Q4 2025, will support virtual accounts and streamline operations for global payments.
- XRP’s price rose 4% to $3.073, and RLUSD’s market cap hit $600M, showing strong market optimism.
Ripple just announced it’s buying Rail, a Toronto based stablecoin platform, for $200 million. The deal, set to close in Q4 2025 pending regulatory approval, will make Ripple a top player in stablecoin payments.
Rail handles over 10% of B2B stablecoin volume, and this acquisition will let Ripple offer virtual accounts and streamline back office operations.
Major Step for Ripple’s Global Payments
Ripple’s President Monica Long said stablecoins are becoming a big deal in finance, and Rail’s tech will help Ripple lead the way in global payments.
Stablecoin payments are everywhere – for good reason! When we met the @RailFinancial team, we knew their product capabilities would complement what Ripple Payments already offers.
— Monica Long (@MonicaLongSF) August 7, 2025
Together, we’re taking the complexity out of stablecoin-based payments for any financial… https://t.co/ACVVcjPswY
CEO Brad Garlinghouse added that together, they’ll build the go to stablecoin payment system for institutions worldwide.
The deal supports payments in XRP, Ripple’s bridge currency, and RLUSD, which just passed a $600 million market cap. This follows Ripple’s $1.25 billion purchase of Hidden Road earlier this year as the company eyes a national banking license.
XRP’s price climbed 4% to $3.073 after the news, reflecting market optimism. Rail’s tech paired with Ripple’s network could make crypto payments smoother and much more popular globally.
