Ripple has made a bold move to strengthen its position in the crypto world, and this time, it’s all about faster, easier payments. The company plans to buy Rail, a startup that helps businesses send money across borders using stablecoins.
This $200 million deal is more than just a big spend, it shows Ripple is serious about building real-world products around XRP.
In a recent blog post, Ripple has announced its plan to buy Rail, a stablecoin-based payment platform based in Toronto, for $200 million. The company says this deal will help both Ripple and Rail offer one of the most complete stablecoin payment solutions available today.
Ripple is already known for helping businesses move money quickly and securely using blockchain. It has licenses in over 60 countries and offers tools that make global transfers simple.
By adding Rail’s services, Ripple will now also offer virtual accounts and smarter tools to manage payments behind the scenes. This means fewer delays, less paperwork, and smoother money movement for companies.
Ripple’s President, Monica Long, says stablecoins are quickly becoming a key part of today’s financial world. She believes this deal with Rail will help Ripple stay ahead as more businesses turn to stablecoins for sending money.
Rail already has a strong track record. Its platform helps companies move money quickly using stablecoins. In fact, it’s expected to handle over 10% of the world’s business-to-business stablecoin payments in 2025, worth more than $36 billion.
Rail’s CEO, Bhanu Kohli, says both companies share the same goal: to make global payments faster and easier. He’s excited to bring Rail’s tools to even more businesses through this partnership.
Together, Ripple and Rail want to help millions of users send money across borders more smoothly, with lower costs and fewer delays.
This isn’t Ripple’s first big move. Just last year, it bought Metaco, a Swiss-based crypto custody firm, for $250 million. Now with Standard Custody, Ripple adds even more licenses and tools to help build institutional-grade financial products.
The company has already spent over $3 billion on other deals and partnerships. It’s clear Ripple is serious about growing and staying ahead in the world of digital finance.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The top two cryptos, Bitcoin and Ethereum, continue to trade below their respective resistance levels,…
Indian crypto traders are increasingly coming under the scanner as the Income Tax Department begins…
The Federal Reserve’s December meeting minutes highlight a steady but moderate U.S. economic growth, with…
Roundhill Investments, a U.S.-based firm known for launching new ETF products, has filed an updated…
Bitwise is making a strong move to broaden crypto ETFs beyond Bitcoin and Ethereum. The…
Bitwise Asset Management filed for 11 new cryptocurrency strategy ETFs with the U.S. SEC on…
