Ripple to buy stablecoin payments platform Rail for $200 million
Ripple has acquired Rail to offer stablecoin payment services, with plans to integrate RLUSD, banking partners and compliance tools across global markets.
Ripple announced Thursday that it will acquire stablecoin-powered payments platform Rail for $200 million, with the deal expected to close in the fourth quarter of 2025.
The company said the move aims to expand its enterprise-grade digital asset infrastructure and “deliver the most comprehensive stablecoin payments solution available in the market.”
Ripple expects the acquisition to enable it to offer stablecoin on- and off-ramps without requiring customers to hold cryptocurrency, and to facilitate customers in managing multiple payment types on behalf of themselves and their internal treasury flows.