Ripple Buys Stablecoin Firm for $200M to increase RLUSD Payments
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