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Ripple buys stablecoin platform Rail for $200M to expand in cross-border payments.
Ripple Labs is acquiring stablecoin platform Rail for $200 million to boost its role in the $150 billion stablecoin market.
The integration of Rail’s technology with Ripple’s RLUSD and XRP Ledger aims to enhance cross-border payments capabilities.
This acquisition aligns with the favorable crypto regulatory environment in the U.S. and positions Ripple to compete with major stablecoin providers like Tether and Circle.
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Ripple compra la plataforma de monedas estables Rail por $ 200M para expandirse en los pagos transfronterizos.