Ripple, the enterprise blockchain and cryptocurrency solutions company, has announced its acquisition of Rail Financial, a Toronto-based stablecoin payments platform, for $200 million. The deal, expected to close in the fourth quarter of 2025 pending regulatory approval, aims to strengthen Ripple's leadership in crypto infrastructure and stablecoin payment services. Rail Financial currently handles approximately 10% of all global stablecoin payment activity, and the acquisition will add Rail’s back-office and virtual account capabilities to Ripple’s global payments network. This move follows Ripple's recent launch of the $RLUSD stablecoin and comes weeks after U.S. President Donald Trump signed legislation that has raised expectations for mainstream adoption of cryptocurrency tokens. Ripple’s acquisition of Rail is part of a broader strategy to bolster the $RLUSD ecosystem and expand its footprint in the $36 billion business-to-business stablecoin transaction market.