Ripple’s Potential Acquisition of Circle Could Boost Institutional Demand for XRP
Speculation is growing that Ripple may acquire Circle, the issuer of USDC stablecoin, in a $5 billion deal. Analysts suggest this could significantly increase institutional interest in XRP, which is currently priced at 2.44600000 USDT. Kate Young Ju of CryptoQuant highlights XRP’s unique market behavior, noting its potential despite some flaws.
Ripple’s Potential Acquisition of Circle Sparks Institutional Interest in XRP
Speculation is mounting within the crypto community that Ripple may acquire Circle, the issuer of USDC stablecoin, in a deal valued at $5 billion. Such a move could catalyze institutional demand for XRP, which analysts describe as exhibiting "the vibe of a league of capital market pros."
Kate Young Ju of CryptoQuant noted XRP’s distinctive market behavior, stating: "It has flaws, but there’s something undeniably sharp about how it moves." The potential acquisition is viewed as a strategic play to bolster Ripple’s position in institutional crypto markets.
Ripple’s XRP Sees $237M Whale Activity Amid Price Stability
Ripple’s XRP recorded unusual on-chain movements as Whale Alert tracked 237.45 million tokens shifting between wallets within 24 hours. The transfers, equivalent to roughly $570 million at current prices, failed to spark significant volatility—XRP held steady at $2.40, marking a 4% daily gain.
Market capitalization and trading volume showed minimal fluctuations, suggesting the whale activity didn’t catalyze fresh momentum. Speculation intensified as none of the transactions were flagged as exchange deposits, leaving observers divided on whether this signals accumulation or internal wallet restructuring.
Ripple Lawsuit News: Ex-SEC Attorney Opens Up About New ‘Corrected Filing’
The legal battle between Ripple and the U.S. Securities and Exchange Commission takes an unexpected turn as Judge Analisa Torres rejects a joint settlement proposal. XRP holders face renewed uncertainty.
Ripple’s potential penalty reduction from $125 million to $50 million hangs in the balance. The crypto community watches closely as regulatory clarity remains elusive for one of the industry’s most prominent assets.
XRP Gains Momentum as EURØ and USDB Stablecoins Launch on XRP Ledger
XRP is trading at $2.45, up 2% in the past 24 hours, as the XRP Ledger welcomes two fully backed stablecoins—EURØ and USDB. The new assets are expected to enhance liquidity and expand use cases across the XRPL ecosystem.
Schuman Financial, a Paris-based firm, launched EURØP, a euro-denominated stablecoin compliant with EU crypto regulations. The asset is issued under the oversight of France’s ACPR and backed by reserves held at major institutions like Societe Generale, with regular audits conducted by KPMG.
Martin Bruncko, CEO of Schuman, described the launch as "the next wave of financial innovation," signaling growing institutional confidence in blockchain-based solutions.
