- Ripple buys Rail for $200M to improve stablecoin payment automation.
- Rail platform enables seamless stablecoin payments and liquidity access.
- XRP whale wallet outflows resume, pressuring XRP price despite recent gains.
Ripple has agreed to acquire the stablecoin platform Rail for $200 million, aiming to provide a comprehensive stablecoin payment solution and reinforce its position in the market.
Deal Details
Rail’s infrastructure will integrate with the Ripple ecosystem by adding virtual accounts and automating internal processes. This combined platform will enable clients to:
Make payments in stablecoins without holding cryptocurrencies on their balance
Manage multiple payment types through a single platform, including third-party transfers and internal treasury operations
Access liquidity for various digital assets, including RLUSD and XRP
Connect to the global payment network via a single API
Ripple President Monica Long highlighted that stablecoins are becoming the backbone of modern finance, emphasizing the deal as a commitment to enabling customers to move money anytime, anywhere.
Rail CEO Bhanu Kohli stated that by 2025, his platform is expected to process more than 10% of global B2B stablecoin payments, a market valued at $36 billion.
The acquisition is expected to close in the fourth quarter after regulatory approvals. Ripple has previously announced over $3 billion in investments through acquisitions and strategic initiatives.
Outflow of Funds from XRP Whale Wallets
Major XRP holders have resumed selling, exerting downward pressure on the price, according to CryptoQuant analyst The Enigma Trader. The 90-day XRP flow indicator in whale wallets has turned negative, a pattern seen earlier in January-February when major distributions coincided with a local price peak and correction.
Although the current outflow is shorter and less severe, the trend remains consistent. The analyst stresses the market’s structural weakness without a steady inflow of over 5 million XRP daily into whale wallets.
Currently, there is no indication of significant accumulation by large investors, an essential factor for a potential trend reversal.
At the time of writing, XRP trades at $3.07, having gained 4.1% in 24 hours, according to TradingView.
