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Ripple has announced its plans to expand the use of its RLUSD stablecoin by acquiring Toronto-based fintech firm Rail for a staggering $200 million. The acquisition is expected to close in Q4 2025 after regulatory approvals are secured.
According to reports, the partnership will enable Ripple and Rail to provide comprehensive stablecoin payment solutions. This move comes as the U.S. advances regulations on stablecoins following President Trump’s signing of the GENIUS Stablecoin Act earlier this month.
The acquisition is expected to greatly improve operational efficiency for both companies, particularly with the addition of Rail’s virtual accounts and automated back-office infrastructure.
Source: www.coinspeaker.com
