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August 7, 2025 – Ripple, a leader in enterprise blockchain and crypto solutions, today announced its definitive agreement to acquire Rail, a cutting-edge global B2B payments platform, for $200 million. This strategic acquisition underscores Ripple's commitment to deepening its presence in the rapidly expanding stablecoin ecosystem and significantly enhancing the utility and reach of its recently launched stablecoin, RLUSD.
Rail, operating under the trade names Layer2 Financial Inc. (US), Layer2 Financial Inc. (Canada), and Rail.io, UAB, has established itself as a robust payment infrastructure built for global businesses. It seamlessly connects the best of fiat and stablecoin payments, enabling compliant, fast, and cost-effective money movement via a single API. With an impressive $10 billion in annual processing volume and a network of over 12 bank partners, Rail boasts a remarkable 95% T-0 settlement time, ensuring same-day settlement for smoother cash flow.
"The acquisition of Rail is a pivotal moment for Ripple as we accelerate our stablecoin strategy and expand our global payment capabilities," said Brad Garlinghouse, CEO of Ripple. "Rail's proven technology and extensive network, especially its ability to leverage stablecoins for instant cross-border transactions, perfectly align with our vision for a more efficient and accessible global financial system. This move will significantly boost the utility of RLUSD and our overall stablecoin offerings, allowing us to delve deeper into this fast-growing market."
Rail's infrastructure is designed for modern money movement, offering in-network support for major currencies including GBP, EUR, INR, CAD, BRL, CoP, MXN, USD, and AED. Its platform provides reliability through redundancy across multiple banking partnerships, ensuring transactions reach their destination securely and reliably. Rail’s flexible and compliance-driven solutions are future-ready, adapting to changing regulations and market dynamics.
"Joining forces with Ripple is an incredible opportunity to scale our mission of simplifying global B2B payments," stated a representative from Rail. "Our platform was built to make payments that once took days or weeks – or were simply impossible – happen in moments, across borders, languages, and currencies. With Ripple's global reach and leadership in blockchain technology, we can amplify this impact, providing unparalleled speed, cost savings, and reliability to businesses worldwide, especially through the power of stablecoins like RLUSD."
The acquisition will integrate Rail's comprehensive suite of use cases, including Accounts Payable, Accounts Receivable, Treasury Management, Stablecoin On/Off Ramp, Remittance, and Contractor/Freelancer Payments, into Ripple's ecosystem. This will provide businesses with an even more streamlined and efficient way to manage their global financial operations, leveraging the benefits of both traditional fiat and digital asset rails.
Layer2 Financial Inc. is a FINCEN registered money service business (NMLS ID: 2438695) and a FINTRAC registered money service business (#M21596262), ensuring a strong foundation of regulatory compliance for Rail's operations.
About Ripple:
Ripple is a crypto solutions company that transforms how the world moves, manages, and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost-effective than traditional financial services, and are used by institutions around the world. Along with its partners, Ripple is building a more inclusive and scalable financial system.About Rail:
Rail is a global B2B payments platform that provides payment infrastructure built for global business. It compliantly connects fiat and stablecoin payments via a single API, enabling fast, cost-effective, and reliable money movement. Rail supports a wide range of use cases for payment clients, banking partners, and developers, aiming to simplify cross-border transactions and enhance cash flow management for businesses worldwide. Rail operates as a trade name of Layer2 Financial Inc. (US), Layer2 Financial Inc. (Canada), and Rail.io, UAB.Compiled by CMO Intern team
