Ripple Acquires Rail to Boost Global Stablecoin Payments Network

2025-08-07 22:53:49

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Description

Ripple Labs, a well-known payments company, is making a big move to grow in the global payments market. On August 7, 2025, Ripple shared that it is making plans to buy Rail, a global payment system, for a whopping $200 million. The deal still needs approval from regulators and is expected to be completed by the end of 2025. This latest acquisition marks Ripple’s commitment to leading the stablecoin payments space. Ripple Strengthens Its Position in Stablecoin Payments Rail is not just any crypto...

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