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Aug
Aug
Ripple Makes $200M Move to Strengthen Stablecoin Network
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cryptoxversity / 1 month
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- 2 min read
Ripple announced today that it will acquire Rail, a Toronto-based stablecoin payments platform, for $200 million. The deal, pending regulatory approval, is expected to close in Q4 2025. Why Rail? Ripple President Monica Long said the acquisition comes at the perfect time, given the newly clarified stablecoin regulatory framework in the US. Rail’s technology will […]