Ripple has secured a $200 million deal to acquire Toronto-based payment platform Rail, pending regulatory approvals. The strategic acquisition targets significant enhancements to Ripple’s payment infrastructure while amplifying the utility and market position of its XRP and RLUSD tokens.
Execution of the agreement will integrate Rail’s technology into Ripple’s ecosystem, strengthening global liquidity networks and stablecoin capabilities. This development is projected to broaden liquidity options for XRP and US-based stablecoin RLUSD, fueling Ripple’s ambition for leadership in the global stablecoin market.
Investor confidence surged following the announcement, driving XRP’s price above $3.07 as markets anticipate improved token utility. The acquisition forms a cornerstone of Ripple’s roadmap to deliver advanced, scalable payment solutions across international financial systems.