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  • Sohrab Khawas
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    Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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Ripple Acquires Stablecoin Platform Rail for $200 Million

Ripple is set to acquire Rail, a stablecoin platform, in a $200 million deal aimed at strengthening its position in the digital payments space. The move signals Rippleโ€™s growing focus on stablecoin infrastructure as part of its broader strategy to expand blockchain utility. With this acquisition, Ripple looks to tap into stablecoinsโ€™ rising role in cross-border transactions and on-chain liquidity. The acquisition is expected to close later in 2025, pending regulatory approvals, marking a major step in Rippleโ€™s stablecoin strategy.

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