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Ripple Completes $200 Million Acquisition of Stablecoin Platform Rail

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Ripple has finalized its $200 million acquisition of stablecoin platform Rail, according to Cointelegraph. The move adds Rail’s crypto infrastructure to Ripple’s growing portfolio. What is Rail? It’s a stablecoin platform focused on cross-border payments. The deal marks Ripple’s latest step into the crypto stablecoin space.
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