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Ripple, the company behind XRP(CRYPTO: XRP), is making a bold move to position itself ahead of this trend. The company just spent $200 million to acquire Rail, a stablecoin payment company.

Stablecoins are a natural fit for Ripple's business. They might not work as well with its XRP cryptocurrency.

Ripple already has a foot in the door with all three of these must-do tasks.