📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Recently, there has been significant news that the cryptocurrency company Ripple is planning to acquire the stablecoin platform Rail, with a transaction value of up to $200 million. This strategic acquisition is expected to be completed in the fourth quarter of this year, currently awaiting approval from regulatory agencies.
Ripple's move is seen as a key step in its layout in the stablecoin sector. In fact, Ripple has long been involved in the stablecoin business, having previously launched its own stablecoin RLUSD. In recent months, the company has made significant investments in stablecoin infrastructure, demonstrating its high regard for this field.
Industry analysts point out that if this acquisition is successful, it will significantly enhance Ripple's competitiveness in the stablecoin market. With the rapid development of the cryptocurrency industry, stablecoins have become increasingly important as a bridge connecting traditional finance and digital assets. Ripple's move may reshape the industry landscape and provide users with more diversified choices.
However, there is still uncertainty about whether this transaction can successfully pass regulatory scrutiny. Recently, global regulation on encryption has tightened, and Ripple's significant acquisition will undoubtedly undergo strict examination. Market participants generally believe that this will be an important test of Ripple's strength and its relationship with regulations.
As the acquisition process advances, the cryptocurrency community will closely monitor the developments. Regardless of the outcome, Ripple's move highlights its ambitions in the stablecoin sector and injects new vitality into the entire industry.