Ripple has announced another component of its stablecoin strategy – the acquisition of Rail, the B2B stablecoin payments firm. The startup claims to process 10% of global B2B stablecoin payments, implying its volumes are $3.6 billion of an estimated total of $36 billion in 2025.
The regulated fintech has multiple banking relationships and helps companies to execute global payments in USD, EUR, GBP, INR, MXN, AED and other currencies. On the stablecoin front, Rail already supports USDC and USDT but will now add Ripple’s RLUSD stablecoin and XRP. The startup says that its highest volume use cases are cross border payments, corporate treasury, receivables and on- and off-ramping from stablecoins.
“Stablecoins are quickly becoming a cornerstone of modern finance, and with Rail, we are uniquely positioned to drive the next phase of innovation and adoption of stablecoins and blockchain in global payments,” said Monica Long, Ripple President. “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.”
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