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Ripple Strikes $200 Million Deal to Acquire Rail Stablecoin Platform

The Q4 closing will integrate Rail’s virtual accounts into Ripple’s network under the new federal stablecoin regime.

The logo of blockchain company Ripple is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren/File Photo
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Ripple to buy stablecoin payments firm rail for $200m to boost rlusd
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Overview

  • Ripple will pay $200 million to acquire Toronto-based Rail in a deal subject to regulatory approvals and expected to close in Q4 2025.
  • Rail processes roughly 10% of global stablecoin payment activity and will contribute virtual account capabilities and automated back-office functions to Ripple’s network.
  • President Trump signed the GENIUS Act in July, creating the first federal regulations for stablecoins and boosting institutional confidence in digital-dollar payments.
  • The acquisition builds on Ripple’s December launch of RLUSD and its April agreement to buy Hidden Road for $1.25 billion to broaden its stablecoin infrastructure.
  • Ripple aims to offer a unified, end-to-end stablecoin payment service that challenges established players Tether and Circle in cross-border transfers.