Ripple plans to buy Rail, a stablecoin payments platform, for $200 million. This move comes just weeks after U.S. President Donald Trump signed a law that gives more clarity to stablecoin regulations. Ripple wants to expand fast in this space. Rail fits into that plan.
Ripple already issues its own dollar-pegged stablecoin, RLUSD. It also supports the XRP token. Now, with Rail’s help, Ripple aims to build one of the strongest stablecoin payment systems in the market. The deal will close by the end of this year, if regulators approve it.
Ripple moves toward scalable crypto payments
Rail is based in Toronto. It handles cross-border payments using stablecoins. It says these payments clear faster and cost less than regular bank transfers. The company claims it powers 10% of global stablecoin payments.
By bringing Rail into its ecosystem, Ripple will add new tools to its payments system. These include virtual accounts and automated finance tasks. The goal is to make crypto payments as smooth and scalable as traditional banking.
Ripple sees this as a turning point. As more rules come into place, stablecoins are no longer a niche idea. They are starting to look like the future of payments. Trump’s new law supports this trend. It helps digital assets move closer to daily use.
Ripple targets Stablecoin market leadership
XRP is betting big. Earlier this year, it said it would acquire Hidden Road, a multi-asset prime broker, for $1.25 billion. That deal aimed to boost RLUSD’s role in digital finance. RLUSD launched last year.
XRP wants to compete directly with Tether and USDC. These two dominate the stablecoin world. But Ripple’s latest moves show that it is not just catching up. It is building its own road. According to CoinGecko, RLUSD now holds a market cap of over $611 million.
Tether leads with more than $164 billion. Ripple still has a long way to go, but its ambitions are clear. With Rail and Hidden Road in its corner, Ripple wants to lead the next wave in stablecoin adoption. The company is preparing for a world where crypto payments become normal. If things go as planned, Ripple will sit at the center of it.
