The post Ripple Acquires Stablecoin Platform Rail for $200 Million appeared first on Coinpedia Fintech News
Ripple is set to acquire Rail, a stablecoin platform, in a $200 million deal aimed at strengthening its position in the digital payments space. The move signals Ripple’s growing focus on stablecoin infrastructure as part of its broader strategy to expand blockchain utility. With this acquisition, Ripple looks to tap into stablecoins’ rising role in cross-border transactions and on-chain liquidity. The acquisition is expected to close later in 2025, pending regulatory approvals, marking a major step in Ripple’s stablecoin strategy.
