In a move set to bolster its leadership in digital asset payments, Ripple announced today it has agreed to acquire Rail, a stablecoin-powered platform for global payments, for $200 million. The acquisition will combine Ripple’s extensive digital payments network and licensing with Rail’s streamlined virtual account and back-office infrastructure.
The deal aims to create a comprehensive stablecoin payments solution to meet the growing demand for stablecoin-based transactions. According to Ripple President Monica Long, the acquisition positions the company to drive the next phase of stablecoin and blockchain adoption in global payments.
The combined platform will allow customers to manage various payment types, including third-party and internal treasury flows, through a single interface. Users will also gain access to a global payments network that operates around the clock.
Key features of the new combined solution include:
- Stablecoin On/Off-Ramps: Enables comprehensive stablecoin payments without requiring customers to hold crypto on their balance sheets.
- Virtual Accounts and Collections: Eliminates the need for dedicated crypto bank accounts or wallets on centralized exchanges, lowering the barrier to entry for businesses.
- Premium Digital Asset Liquidity: Supports payments across a variety of digital assets like RLUSD and XRP, with competitive pricing for high-value transactions.
- Enterprise-Grade Compliance: Leverages Ripple’s portfolio of over 60 licenses to ensure secure and regulated payment flows.
Rail CEO Bhanu Kohli noted that the company, which is forecasted to process over 10% of the $36 billion global B2B stablecoin payments in 2025, shares Ripple’s vision for transforming international money movement.
This acquisition is the latest in Ripple’s strategic expansion efforts, with the company having invested over $3 billion in M&A and other opportunities to date. The deal is expected to close in the fourth quarter of 2025, subject to regulatory approvals.
