Ripple to acquire stablecoin payment platform Rail for $200m

Posted On August 7, 2025

Ripple has agreed to acquire Toronto-based stablecoin payments firm Rail in a deal worth $200 million. Ripple, the company behind the XRP (XRP) cryptocurrency token and stablecoin Ripple USD (RLUSD), announced its acquisition of Rail on Thursday, Aug. 7, noting…