Ripple announced Thursday that it acquires a rail of the payment platform supplied by Stablecoin for $ 200 million, the agreement should conclude in the fourth quarter of 2025.
The company said this decision aims to extend its business quality digital asset infrastructure and to “provide the most complete stablecoin payment solution available on the market”.
Ripple expects the acquisition to offer it to offer stablecoin ramps on and off-breales without obliging customers to hold cryptocurrencies and to facilitate customers in the management of several types of payment for themselves and their internal cash flows.
The company also plans to take charge of payments via various digital assets, including Ripple USD (RUSD) and XRP (XRP). The platform will also rationalize third-party and cash payments, virtual accounts, collections, 24/7 integration via a single API, company quality compliance and access to a multi-ban partner network.
Rail CEO Bhanu Kohli noted that Rail should treat more than 10% of world stable payments in 2025, a market estimated at $ 36 billion worldwide, according to Artemis Analytics.
The acquisition strengthens the long -term strategic expansion of Ripple through mergers and acquisitions, to date about $ 3 billion in investments. In April, Ripple acquired a friendly friendly Hidden Road road in an agreement of $ 1.25 billion.
Ripple did not respond to the request for comments from Cointelegraph in publication.
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Ripple plunges in the stablecoins
The acquisition marks Ripple’s latest decision to develop in the growing sector of Stablescoin. The company presented its Stablecoin Rlusd at the end of 2024, CEO Brad Garlinghouse highlighting its institutional objective.
This orientation distinguishes the RUSD from the majority of its competition focused on retail, but the data suggest that the retail use of the stablecoin increases. According to the end of July, the Rlusd is increasingly making its way to auto-us portfolios like Xaman and integrations with developer platforms like Transak.
In mid-October 2024, Ripple also announced its partnership with cryptocurrency exchanges and platforms, notably Remolt, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena and Bullish, to facilitate the distribution of Rlusd.
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Regulatory expansion in Europe and beyond
In mid-July, Ripple confirmed its intention to continue a license to regulate the markets of the cryptocurrency (Mica) to develop in the European Union. A company spokesman told Cintelegraph that the company intended to “become compliant with mica” because it recognizes an “important opportunity on the European market”.
The news also follows the approval of the stablecoin of Ripple from the Dubai Financial Services Authority, the financial regulator responsible for the Dubai International Financial Center. The DIFC is a free economic area and a financial district with links with the Middle East, Africa and South Asia, with nearly 7,000 companies recorded by the end of 2024.
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