cryptonews

Ripple to acquire stablecoin payment platform Rail for $200m

Ripple to acquire stablecoin payment platform Rail for $200m
Ripple has agreed to acquire Toronto-based stablecoin payments firm Rail in a deal worth $200 million. Ripple, the company behind the XRP (XRP) cryptocurrency token and stablecoin Ripple USD (RLUSD), announced its acquisition of Rail on Thursday, Aug. 7, noting…

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