Ripple has announced it will acquire the stablecoin payments platform Rail for $200 million. This strengthens watery-fast global transactions using RLUSD stablecoin.
## Ripple’s $200M Stablecoin Strategy
The timing is spot-on. With the new GENIUS Act clarifying stablecoin rules in the U.S., adoption is now smoother than ever.
## Hong Kong Enforces KYC on Stablecoins
From August 1, HKMA demands identity checks for all stablecoin users. While anti-money-laundering is the goal, crypto communities fear it may undermine privacy and slow adoption.
## Trump Opens 401(k)s to Crypto
President Trump green-lit crypto inclusion in U.S. 401(k) plans. Markets soared—especially Ethereum, which jumped over 7%.
## Ethereum Euphoria Heats Up
ETH surged 50% last month. ETF inflows totaled nearly $4 billion. Volatility may lurk ahead, but institutional demand is real.