Ripple to buy stablecoin payments platform Rail for $200 million

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Ripple has acquired Rail to offer stablecoin payment services, with plans to integrate RLUSD, banking partners and compliance tools across global markets.

Ripple announced Thursday that it will acquire stablecoin-powered payments platform Rail for $200 million, with the deal expected to close in the fourth quarter of 2025.

The company said the move aims to expand its enterprise-grade digital asset infrastructure and “deliver the most comprehensive stablecoin payments solution available in the market.”

Ripple expects the acquisition to enable it to offer stablecoin on- and off-ramps without requiring customers to hold cryptocurrency, and to facilitate customers in managing multiple payment types on behalf of themselves and their internal treasury flows.

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