Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectations cryptocurrency tokens are about to enter the mainstream.

The deal will allow Ripple to enhance its offerings by integrating Rail's stablecoin-focused payment infrastructure.

The blockchain payments firm Ripple says it has agreed to acquire the stablecoin-powered payment infrastructure platform Rail for $200 million.