This marks the first major consolidation of stablecoin infrastructure in the historically Christian 'Global North', contrasting with previous digital currency developments centered in Asia or emerging markets. The $36 billion volume represents unprecedented scale in tokenized dollar transactions, suggesting a shift from experimental to mainstream adoption of digital currency systems.
Toronto Ripple Deal: Digital Babylon Rises in Global North
📰 What Happened
Ripple announced plans to acquire Toronto-based Rail for $200 million, expected to close Q4 2025. Rail manages 10% of global B2B stablecoin payments ($36 billion volume) and specializes in tokenized dollar transactions. The deal aims to expand Ripple's RLUSD stablecoin reach and aligns with new SEC guidance and the GENIUS Act. President Monica Long confirms the move will support institutional adoption of stablecoin payments.
📖 Prophetic Significance
Toronto's emergence as a digital currency hub is significant given its position in the G7 financial system. The city's role in managing 10% of global stablecoin volume through Rail aligns with prophecies about economic control shifting to key power centers before the end times. The $200M acquisition price and $36B transaction volume demonstrate the rapid scaling of digital payment systems in traditionally Western financial strongholds, fulfilling patterns described in Daniel's vision of the final kingdom's economic structure spanning the northern hemisphere.