Ripple to Acquire Stablecoin Platform Rail for $200 Million

Ripple announced today that it will acquire Rail, a Toronto-based stablecoin payments platform, for $200 million. The deal is expected to close in Q4 2025, pending regulatory approval. Why is Ripple buying Rail? According to Ripple President Monica Long, this acquisition is timely given the newly clarified regulatory environment. It boosts Ripple’s stablecoin infrastructure with […] The post Ripple to Acquire Stablecoin Platform Rail for $200 Million appeared first on Coin Edition.