An expert suggests that if Ripple acquires Circle, it could mark the beginning of a new phase for XRP’s value.

An XRP supporter shares their thoughts on Ripple’s proposal to buy out stablecoin issuer Circle, noting the potential effects on XRP and the broader ecosystem. The supporter suggests that Ripple’s strategy is straightforward: to lead the payment sector, control stablecoin networks, and establish XRP as the primary bridge currency. Numerous sources have verified that Ripple Labs is looking to purchase Circle. According to our latest blog entry, Circle has dismissed the recent offer of $4 to $5 billion, deeming it insufficient. In response to this, an XRP fan known as “All Things XRP” has started a discussion, detailing how this could affect the broader ecosystem. Initially, “All Things XRP” highlighted that the integration of RippleNet with USDC might enable the blockchain firm to take a leading role in the payment sector. He stated that RippleNet utilizes XRP to facilitate rapid and worldwide transactions. By including the $61 billion liquidity of USDC, Ripple could draw the interest of multiple banks. Additionally, All Things XRP pointed out that this acquisition might allow Ripple to become a significant player in the stablecoin market, managing both RLUSD and USDC together. This not only decreases fragmentation but also enhances Ripple’s strength, positioning “XRP as the link that brings everything together”. There’s more anticipated from the partnership between Ripple and Circle. One more outcome to anticipate from this shift is a notable increase in Institutional adoption. As reported by All Things XRP, Circle enjoys impressive banking relationships and a strong level of regulatory confidence.