Ripple's billion-dollar preparation: "If it happens, the route will turn to XRP"

According to Ki Young Ju, CEO of blockchain data analysis company CryptoQuant, if Ripple buys Circle, the company behind USDC as rumored, it will be a very positive development for XRP. Ju suggested that XRP could attract a significant portion of interest in the stablecoin market as a result.

The CEO of CryptoQuant, who said "XRP gives me the atmosphere of the 'professionals league' in capital markets," pointed out that there are many investors eager to invest in the future of stable coins, stating, "These investors waiting for Circle's IPO may shift their focus to XRP if such a purchase occurs." Ju also added that he does not have an XRP investment.

Bloomberg reported that last month Ripple made an offer of 4 to 5 billion dollars to buy Circle, which Circle rejected as too low. While it is alleged that negotiations are still ongoing, it has been claimed that another company is also interested in acquiring Circle, and that this company is the US-based cryptocurrency exchange Coinbase.

Ripple recently acquired the brokerage firm Hidden Road for 1.25 billion dollars. Coinbase, on the other hand, had recently added the crypto options exchange Deribit to its portfolio for 2.9 billion dollars.

With a circulating supply of 60 billion USD, Circle's USDC is positioned as the second largest stablecoin after USDT.

Published: May 21, 2025 16:38