Circle’s CPN Threatens XRP Dominance: Here’s the Ticking Time Bomb for Ripple
Cross-border payments just got a new contender—and XRP holders aren't celebrating. Circle's Cross-Payment Network (CPN) is slicing through legacy rails with USDC's liquidity, targeting the exact corridor Ripple once called home.
Why TradFi Should Sweat
CPN's secret weapon? Instant settlements without the regulatory baggage. While XRP battles SEC lawsuits, Circle's regulatory-first approach gives institutions an off-ramp from crypto's wild west.
The Liquidity War
With $30B USDC liquidity pools versus XRP's volatile spreads, money movers are voting with their order flow. One banking exec quipped, 'We want stablecoins, not a coin that moons when Elon tweets.'
Game Theory at Play
Every CPN adoption deal erodes XRP's moat. The killer feature? Auto-converting local currencies to USDC—something Ripple's ODL can't match without price slippage.
Bottom line: In the race to move $10T in annual cross-border payments, Circle just turned USDC into a wrecking ball. XRP's price? Consider it collateral damage.
XRP price technical analysis
The daily chart shows that XRP has advanced in recent days, climbing from last month’s low of $1.9141 to $2.20. It is currently consolidating around the 50-day and 100-day Exponential Moving Averages, while volatility has declined.
XRP has also formed a symmetrical triangle pattern, with its two trendlines nearing convergence, a sign that a bullish breakout may be imminent. The MACD indicator lines have moved above the zero line, and the Relative Strength Index has climbed above 50.
Therefore, the most likely scenario is a continuation to the upside, potentially retesting the year-to-date high of $3.50.
