Ripple to Buy Rail for $200M, Expanding Stablecoin Payments

Ripple has agreed to acquire Rail, a Toronto-based payments infrastructure provider, for $200 million pending regulatory approval, with close expected in Q4 2025. The deal integrates Rail’s real-time API-driven platform, virtual accounts and automated back-office systems into Ripple Net. It brings over 12 banking partnerships, 60+ financial licenses and integrated compliance protocols. Businesses gain a single interface for cross-border pay-ins, third-party payouts, internal treasury transfers and 24/7 stablecoin payments—without holding crypto on their balance sheets. Rail is projected to handle more than 10% of the $36 billion global B2B stablecoin payments market in 2025. The acquisition strengthens Ripple’s stablecoin infrastructure and supports its RLUSD and XRP offerings. This move enhances this stablecoin infrastructure and aims to expand enterprise adoption and deliver compliant, scalable solutions to financial institutions worldwide.