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XRP’s Future: Ripple’s Potential Acquisition of Circle and Banking Ambitions

XRP’s Future: Ripple’s Potential Acquisition of Circle and Banking Ambitions

Author:
XRP News
Published:
2025-05-01 15:24:15
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Pro-XRP lawyer John Deaton has sparked discussions about Ripple Labs’ rumored $5 billion bid to acquire stablecoin issuer Circle, suggesting such a move could position Ripple to evolve into a bank. This development could significantly impact XRP’s future trajectory in the crypto market.

Pro-XRP Lawyer John Deaton Weighs In on Rumored Ripple-Circle Deal

John E. Deaton, a prominent advocate for XRP holders, has publicly speculated about Ripple Labs’ potential acquisition of stablecoin issuer Circle. The lawyer’s comments follow unconfirmed reports that Ripple increased its bid from $4 billion to $5 billion, which Circle reportedly rejected.

Deaton suggests that such a merger could pave the way for Ripple to either acquire or transform into a bank. The discussion gained traction after TechCrunch founder Michael Arrington hinted at the negotiations, though neither company has confirmed the talks.

XRP Price Rally Stalls as Investors Shift Focus to ’XRP 2.0’ Contender Remittix

Ripple’s XRP, once celebrated for its real-world utility, faces stagnation as regulatory battles with the SEC curb its growth potential. Analysts argue that XRP’s adherence to traditional frameworks, rather than pioneering industry change, has limited its upside. Despite bullish projections of $5.00, market sentiment remains cautious.

Attention is now pivoting to Remittix, a PayFi project dubbed ’XRP 2.0,’ which analysts claim addresses gaps in cross-border payments that Ripple has failed to solve. Positioned as a top 2025 investment, Remittix is gaining traction while XRP’s price action remains muted amid ongoing legal uncertainty.

Circle Rejects Ripple’s $5 Billion Acquisition Bid Over Valuation and Strategic Differences

Ripple’s ambitious $5 billion bid to acquire stablecoin issuer Circle has been decisively rejected, with insiders citing valuation concerns and strategic misalignment. The offer, which reportedly undervalued Circle’s market position and future prospects, failed to account for the company’s standalone vision as it advances toward an IPO.

Regulatory concerns further complicated the proposed deal, reflecting the heightened scrutiny facing major crypto acquisitions. Circle’s rejection signals confidence in its independent trajectory, while Ripple remains silent on whether it will revisit negotiations.

Ripple Launches XRP Rewards For Loyal Supporters as Token Eyes Key Price Breakout

Ripple has unveiled a special XRP Rewards Event to express gratitude to its community following a protracted legal dispute with the U.S. Securities and Exchange Commission. The initiative allows eligible participants to claim free XRP tokens after completing a registration process and eligibility verification.

The rewards program underscores Ripple’s commitment to its supporters during challenging regulatory battles. Market observers note the timing coincides with XRP’s technical setup suggesting potential price momentum, though broader crypto market conditions remain a factor.

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