07.08.2025 18:59
Ripple, a prominent enterprise blockchain company, is poised to significantly expand its footprint in the stablecoin market. Reuters reported on Thursday that the San Francisco-based firm is on the verge of acquiring Rail, a leading stablecoin infrastructure provider, for a substantial $200 million. This strategic move is anticipated to conclude by the end of the year.
Rail, headquartered in Toronto and backed by notable investors including Galaxy Ventures, plays a crucial role in facilitating cross-border payments using stablecoins. The platform's influence is substantial, processing approximately 10% of global stablecoin transactions – a testament to its market dominance and technological prowess. This acquisition positions Ripple to capitalize on the accelerating growth within this vital sector.
According to Ripple CEO Brad Garlinghouse, the combined strength of Ripple and Rail will establish them as the premier provider of stablecoin payment infrastructure for major financial institutions worldwide. This ambitious goal underscores Ripple's unwavering commitment to innovation and market leadership.
This acquisition follows Ripple's recent purchase of Hidden Road, a prime brokerage, for a staggering $1.25 billion earlier this year, highlighting the company’s aggressive expansion strategy. This substantial investment, coupled with billions of dollars in readily available capital, as confirmed by Ripple President Monica Long to CNBC in April, demonstrates a clear commitment to bolstering their presence in the financial technology landscape. Long further emphasized to Reuters that the Rail acquisition solidifies Ripple’s prominent position within the thriving stablecoin sector.
Speculation about Ripple’s acquisition capabilities, fueled by the company's substantial XRP holdings, had previously been voiced by industry experts like Bitwise President Teddy Fusaro. The Rail acquisition, therefore, not only represents a significant investment but also validates these earlier predictions regarding Ripple's market influence and strategic potential. The acquisition further boosts Ripple's own RLUSD stablecoin, which recently surpassed a $600 million market cap according to CoinGecko data. This information comes from internet sources.
