Ripple Labs, the parent company of XRP coin, is making huge strides in terms of compliance. Recently securing a critical win in the Ripple vs. SEC saga, the original XRP coin issuer is now awaiting a banking license in the United States (USA), which would pave the way for RLUSD’s usage as a go-to stablecoin around the country.
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To make this happen sooner, Ripple is now targeting the B2B payments market with the purchase of Rail for $200 million. A popular stablecoin payments platform, Rail is perfect for business-to-business (B2B) transactions.
Moreover, this stablecoin payment platform has built-in integration with 12 banks, which makes a super wide network with Ripple’s 60 different licenses across miscellaneous jurisdictions. With the recent calculations, Rail is supposed to handle over 10% of the globe’s B2B stablecoin payment market this year, grossing over $36 billion.
Ripple’s President Celebrates Bold RLUSD Move
“Stablecoin payments are everywhere – for good reason! When we met the @RailFinancial team, we knew their product capabilities would complement what Ripple Payments already offers”, – says Monica Long, the President of Ripple Labs. She emphasized the growing enterprise need for all-in-one solutions over multiple platforms.
Via Rail, business operations can go smoothly across key currency corridors without requiring the participants to maintain any crypto positions on their wallets. Naturally, this solves the issue of prolonged payment settlement, while businesses not wanting any exposure to price volatility can use RLUSD instead of the highly-popular XRP coin.
For XRP, the numbers don’t lie: this altcoin often garners over $10 billion in daily transaction volumes. From a technical perspective, Ripple’s XRP Ledger can handle up to 1,500 transactions per second (TPS) & literally cost fractions of a cent, referred to as 10 drops, serving a huge contrast to regular international banking fees.
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RLUSD is Ripple’s USD-pegged stablecoin, launched in December 2024, to facilitate fast, compliant cross-border payments on XRP Ledger and Ethereum.
Ripple acquired Rail, a Toronto-based stablecoin payments platform, for $200M to boost RLUSD’s infrastructure and adoption.
Rail’s virtual accounts and automated systems streamline stablecoin payments, processing 10% of global stablecoin transactions.
Ripple aims to rival USDT and USDC, leveraging RLUSD for efficient, low-cost global payments amid growing stablecoin demand.
Ripple’s Rail acquisition is set to close in Q4 2025, pending regulatory approvals, as the platform is based in Toronto, Canada.
