The company is pursuing a Markets in Crypto-Assets Regulation (MiCA) license to expand its operations in the European Union, recognizing significant market opportunities.

This acquisition is part of Ripple's ongoing strategy to expand through mergers and acquisitions, following investments totaling approximately $3 billion to date.

Ripple has announced its acquisition of Rail, a global settlement platform, for $200 million, aimed at enhancing its capabilities in stablecoin payments.

This deal, disclosed on August 7, 2025, is expected to close in the fourth quarter of 2025, pending regulatory approval.

Monica Long, president of Ripple, stated that the integration of Rail positions the company to lead in the adoption of stablecoins in global finance.

Long emphasized that the acquisition will help broaden the customer base for Ripple's RLUSD stablecoin as regulations evolve.

Ripple launched its own stablecoin, RLUSD, pegged to the U.S. dollar, last year to compete with established players like Tether's USDT and Circle’s USDC, and it has a market capitalization of over $611 million.

In July 2025, Ripple applied for a U.S. banking license to bring RLUSD under regulatory oversight, and the stablecoin has recently surpassed $500 million in circulating supply.

Ripple's stablecoin has also received regulatory approval from the Dubai Financial Services Authority, facilitating its presence in the Middle East and beyond.

This acquisition continues Ripple's buying trend, following a $1.25 billion deal for Hidden Road, which enhances liquidity and custody options for RLUSD.

Ripple's RLUSD stablecoin was introduced in late 2024, focusing on institutional use, with increasing retail adoption as it becomes integrated into self-custodial wallets and developer platforms.

The combined platform will leverage Ripple's regulatory licensing and liquidity tools alongside Rail's real-time settlement technology to improve global fund transfers for institutions.