Ripple announced the acquisition of Rail for $200 million, expected to close in Q4 2025, enhancing its global payment infrastructure.
Deal Details
Ripple plans to acquire the Canadian stablecoin platform Rail for $200 million. The deal is expected to finalize in Q4 2025, pending regulatory approval.
Role of Rail in Ripple's Payment Network
Rail specializes in cross-border B2B payments and will support Ripple's RLUSD stablecoin. President Monica Long indicated that Rail will aid in developing new solutions for global payments.
Expected Market Impact
Rail is forecasted to handle 10% of the $36 billion B2B stablecoin market in 2025, strengthening Ripple’s regulated payment processing capabilities and enhancing its competitiveness amidst new U.S. stablecoin regulations.
The acquisition of Rail signifies Ripple's strategic focus on expanding its stablecoin services and integrating them into the global financial system.