Ripple confirms the $200 million Rail acquisition, aiming to integrate stablecoin infrastructure into Ripple Payments for enhanced compliance and liquidity across its licensed network.
Ripple announced on X the completion of its $200 million acquisition of Rail, a stablecoin payment platform first revealed in August. The integration of Rail’s infrastructure into Ripple Payments is intended to boost efficiency, liquidity, and compliance within Ripple’s licensed financial network.