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Ripple to acquire stablecoin payments platform Rail

Ripple to buy stablecoin platform Rail for $200 million

Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectations cryptocurrency tokens are about to enter the mainstream.

TheStreet on MSN · 16h

Ripple acquires new surprising stablecoin platform

Ripple has agreed to acquire Rail, a stablecoin-powered platform for global payments, for $200 million, the crypto payments firm said on Aug. 7. Ripple is one of the leading players in the global stablecoin market that issues RLUSD, a stablecoin pegged 1:1 to the U.S. dollar.

Banking Dive · 16h

Ripple to buy Canadian stablecoin platform Rail for $200M

The acquisition comes amid expected wider acceptance of stablecoins in the U.S. Ripple has rebounded this year, with a separate $1.25 billion deal. The SEC also dropped its case against the company.

Cryptopolitan on MSN37m

Animoca Brands, Standard Chartered move toward regulated stablecoin for Hong Kong

Animoca Brands and Standard Chartered took the first formal step in issuing a stablecoin for the Hong Kong market. The ...

1don MSN

Hong Kong stablecoin bill's client identity rules spark industry concern

The strict customer identification rules mandated in Hong Kong’s new stablecoin law could hinder adoption of the digital ...

Standard Chartered-led joint venture Anchorpoint to apply for Hong Kong stablecoin licence

Stablecoins will play an important role in building a sustainable digital asset ecosystem in Hong Kong, Standard Chartered’s ...

The Currency Analytics6h

USDC Takes the Lead as Stablecoin Transactions Reach Record $1.5 Trillion in July

Explore the latest USDC forecast, including expert insights on price stability, adoption trends, and what investors can expect in the evolving crypto market.

Decrypt17h

Stablecoin Provider Paxos to Pay $26.5M Fine to Settle Charges Related to Binance

Stablecoin issuer Paxos Trust will pay a $26.5 million penalty to New York State to resolve charges related to its previous ...

3don MSN

Tether, the Largest Stablecoin Issuer, Is Making Plans to Do Business in the U.S. Here's What That Means for Investors.

Thanks to its massive holdings of more than $120 billion in T-bills, Tether now has the attention of the U.S. Treasury ...

16hon MSN

China challenges U.S. dollar with risky stablecoin plan

The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration ...

9hon MSN

Stablecoin summer heats up: $1.5 Trillion volume shatters records

The stablecoin sector has officially entered a historic phase, with on-chain transaction volume crossing the $1.5 trillion ...

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