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Blockchain solutions provider Ripple (XRP) announced on August 7 that it has signed an agreement to acquire stablecoin payments platform Rail for $200 million.
The acquisition aims to strengthen Ripple’s enterprise-focused digital asset infrastructure and solidify its leadership in stablecoin-powered international remittances.
The deal remains subject to regulatory approval and is expected to close in the fourth quarter of 2025.
Expanding in the Stablecoin Market
The global B2B stablecoin market is projected to reach $36 billion by 2025. Rail is expected to handle more than 10% of all transactions in this sector, making the acquisition a strategic move for Ripple into a high-growth segment.
Ripple recently launched its own stablecoin, RLUSD, and sees Rail’s acquisition as a key step in promoting RLUSD adoption in the enterprise payments market. By integrating Rail’s infrastructure into the Ripple ecosystem, the company will be able to offer virtual accounts, automated back-office processing, and access to multiple partner banking networks.
“Rail will play a crucial role in advancing the use of stablecoins and blockchain in cross-border payments,” said Monica Long, President of Ripple.
Rail’s platform allows customers to conduct stablecoin transactions without directly holding cryptocurrencies — a feature that addresses several challenges in international remittances.
Aggressive M&A Strategy and Regulatory Push
The deal is part of Ripple’s broader growth strategy to strengthen its position in cross-border payments and the stablecoin sector.
In April 2025, Ripple also acquired crypto-focused prime broker Hidden Road for $1.25 billion, bringing its total spending on mergers, acquisitions, and strategic partnerships to over $3 billion.
The company’s expansion drive comes after reaching a settlement with the U.S. Securities and Exchange Commission (SEC), clearing the way for more aggressive market moves. Ripple is also pursuing a U.S. banking license to establish itself as a regulated financial institution.
“This acquisition underscores Ripple’s commitment to becoming the most comprehensive provider of stablecoin payment solutions,” said Rail CEO Varun Kohli. Both companies plan to deliver services to a wide range of clients, from financial institutions to non-financial enterprises.
