Ripple announced the acquisition of the Rail payments platform, focused on stablecoin payments, for $200 million, with the deal expected to close in Q4 2025.
Announcement and Purpose of the Deal
Ripple stated that this move aims to expand its digital asset infrastructure and deliver the most comprehensive stablecoin payments solution available in the market.
Rail's Market Potential
Rail CEO Bhanu Kohli noted that Rail is projected to process over 10% of global stablecoin payments by 2025, in a market estimated to reach $36 billion worldwide.
Ripple's Expansion Strategy
The acquisition of Rail is part of Ripple's long-term growth strategy through mergers and acquisitions, following approximately $3 billion in investments to date.
The acquisition of Rail signals Ripple's intent to strengthen its presence in the stablecoin market and enhance its offerings for clients through integration of various digital assets.
