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Ripple to Buy Stablecoin Platform Rail for $200 Million

SAN FRANCISCO, CALIFORNIA, AUG 7 – Ripple's $200 million acquisition of Rail integrates advanced stablecoin payment infrastructure and captures over 10% of global business-to-business stablecoin transactions, boosting RLUSD's utility.

  • On Thursday, Ripple, the established blockchain company behind the XRP Ledger , announced it would acquire Rail for $200 million, a move to strengthen its stablecoin payments leadership.
  • In recent months, Ripple expanded its stablecoin infrastructure and applied for a national trust charter from the U.S. Office of the Comptroller of the Currency to regulate RLUSD under federal law.
  • Through the acquisition, Ripple will offer on- and off-ramps without requiring customers to hold crypto, enabling stablecoin settlement and custody via a single interface and API.
  • Following the announcement, Ripple’s XRP jumped 4% to $3.08, and the acquisition furthers Ripple’s strategic expansion after approximately $3 billion in investments.
  • Meanwhile, Ripple’s Standard Custody & Trust Company is seeking a Fed Master account, and the deal is expected to close in the fourth quarter of 2025, pending approvals.
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Channel News Asia broke the news in Singapore on Thursday, August 7, 2025.
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