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Chip Mahoney2 min read·4 days ago

Press enter or click to view image in full sizePhoto by Johannes Plenio on Unsplash

$200 million.

That’s what Ripple just spent to acquire Rail, a Toronto-based payments platform powering 10% of global stablecoin transactions.

And here’s the kicker:

It’s roughly the same amount Ripple was expected to pay in fines to the SEC.

So what did they do instead?
They bought infrastructure.
They bought influence.
They bought next.

Because while the lawsuit technically lingers, this deal marks the

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