RLUSD issuer Ripple will acquire Rail for $200 million in a deal expected to be completed in Q4 2025, the two companies announced in a press release.
Ripple Announces Purchase of Stablecoin Provider Rail for $200m
8 August 2025 - 10:50 CEST
The deal gives Ripple a stronger foothold in the rapidly growing stablecoin environment, with RLUSD continuing to grow. The coin currently has a market cap of $620 million, ranking it 8th among stablecoins according to data from CoinMarketCap. Tether (USDT) leads the stablecoin market, with $164 billion in circulating supply.
In the announcement, Ripple states that the merger enables the delivery of “the most comprehensive stablecoin payments solution available in the market.”
“Ripple has one of the most widely used digital asset payment networks in the world, and this acquisition underscores our commitment to helping our global customer base to move money wherever and whenever they need,” added Monica Long, Ripple President.
The acquisition will add to Ripple’s capacities as a digital payment provider. Rail brings virtual accounts and automated back-office infrastructure, enabling the company to streamline operations.
Bhanu Kohli, Rail CEO added; “over the last four years, Rail built the fastest way to settle business payments internationally using stablecoins, and in 2025, Rail is forecasted to process over 10% of the $36 billion global B2B stablecoin payments.”
The acquisition is expected to be completed later this year, and Ripple states that it remains committed to “actively expending via M&A.”
