X @Wu Blockchain
Wu Blockchain·2025-08-07 13:34
Acquisition Details - Ripple to acquire Rail for $200 million [1] - The deal is expected to close in Q4 2025, pending regulatory approval [1] Strategic Implications - Ripple is doubling down on stablecoin infrastructure after launching RLUSD [1] - The acquisition integrates Rail's virtual accounts and automated settlement capabilities [1] - This move is expected to boost Ripple's cross-border payment capabilities [1]