Overview
- Ripple has agreed to purchase Toronto-based Rail for $200 million in a deal set to close in Q4 2025, pending approval by U.S. regulators.
- Rail processes an estimated 10% of global stablecoin payment volume and offers virtual accounts plus automated back-office functions for faster, lower-cost cross-border transfers.
- By integrating Rail’s technology, Ripple aims to enhance its RLUSD and XRP payment services, building on its earlier Hidden Road acquisition.
- President Trump’s July stablecoin law established a federal regulatory framework that underpins Ripple’s expanded compliance-driven payment infrastructure.
- The move positions Ripple to challenge market leaders Tether and Circle by offering a unified, regulation-aligned stablecoin payment solution.