Ripple spent $200 million to acquire RAIL, a Canadian stablecoin firm that handles roughly 10% of the global stablecoin market. The presenter compares each acquisition to collecting an Infinity Stone, positioning them as pieces of Ripple's strategy to dominate payments.
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You guys know I love Ripple. I love XRP. We've got some huge news. They just spent $200 million of the money that they dumped on you. They spent $200 million of it to buy a new company. They acquired RAIL, which is a Canadian stablecoin company. Now what they did with this purchase is they just bought 10% of the global stablecoin market. That's how big these guys were. RAIL was doing 10% and is doing 10%. It's $36 billion worth of business-to-business stablecoin payments across the globe. In a year, people will forget that this even happened. Now Ripple's been doing this for a while. This is what they do. They acquire infinity stones. They're spending the money that they've made from making XRP and making Ripple. They're buying up companies. Now I did a full video on my YouTube, uh, link is in my bio. Just click the little YouTube icon, it's right there. This details all 5 of the recent acquisitions that Ripple has done over the past few years. And once you watch this, you're going to be mind-blown. They are collecting Infinity Stones and they're going to take over and are taking over the payment space.