XRP Price Speculation: What Happens If Ripple Acquires Circle?
Ripple buying Circle isn’t just another corporate shuffle—it’s a potential seismic shift for XRP. Here’s why traders are buzzing.
Market mechanics 101: Absorbing Circle’s USD stablecoin dominance could turbocharge Ripple’s liquidity corridors. XRP’s utility spikes overnight.
The cynical take? Another ’strategic partnership’ announcement that may or may not move the needle—Wall Street does love its merger theater.
XRP-Circle—A Possible Union on Cards?
Ripple (XRP) is one of the leading crypto market forces. Ripple has fought many battles and has emerged victorious in recent times. The token is now free from all legal obligations and is just forging new global ties, the ones that enable the token to claim a new top spot in the process. Ripple is part of a major ETF narrative, with nearly 17 ETF applications pending with the US SEC. Once approved, these ETFs can enable investors to access XRP in a traditional setting, enabling XRP to soar high in the process.
At the same time, XRPs RLUSD stablecoin is also taking in credible profits. Per recent statistics, RLUSD has managed to surge 41% after leading cryptocurrency exchange Kraken listed the stablecoin on its exchange. That being said, Ripple is now steadily targeting the stablecoin market, trying to establish full control over the arena. In this process, Ripple has reported striking a deal to purchase Circle, a stablecoin competitor, to leverage the current domain and its rising identity in the global financial markets.
Per multiple reports, Ripple has struck a deal to purchase Circle for $20 billion. If the aforementioned deal goes through, it can mark a pivotal era for the token to bask in and enjoy.
BREAKING: Ripple CEO Brad Garlinghouse has reportedly raised the bid to purchase Circle for $20 billion, with the deal moving closer to being finalized.
If completed, this move could mark a major step toward Ripple becoming a full-scale financial institution. #XRP pic.twitter.com/RodOXiJkeW
The speculative whims have already started to gain momentum, with reports of Ripple trying to “absorb the stablecoin infrastructure overnight.”
(4/) USDC currently leads in regulatory adoption:
•80% of U.S.-based crypto exchanges offer USDC pairs
•Integrated with Stripe, Robinhood, Visa
•Backed by fully reserved U.S. treasuries
•Deemed a “regulated stablecoin” in U.S. policy discussions
Buying Circle means… pic.twitter.com/oBkjCDlkAT
How High Can The Token Trade If Ripple Ends Up Buying Circle?
Per ChatGPT, XRP can surge as high as $3 to $5, driven heavily by elements of hype and popularity. The short-term range includes XRP hitting $4 to $6 with Ripple dominating the stablecoin market.
GPT’s long-term scenario includes the token exploring $7 to $10. This may happen if Ripple manages to subdue and establish full control over the stablecoin market, emerging as the ultimate winner.