Ripple-Circle Merger Speculation: Could XRP Benefit as Proxy?

Ki Young Ju, CEO of CryptoQuant, has fueled speculation about Ripple’s potential acquisition of Circle. He suggests that the proposed deal could elevate Ripple’s standing and provide XRP with a significant boost in value. The speculation hinges on the assumption that an acquisition by Ripple will attract investors seeking exposure to the stablecoin sector, which is dominated by USDC issued by Circle. If this acquisition happens, it would mark one of the most significant mergers in the crypto industry’s history. This potential merger raises several intriguing questions regarding XRP’s role in a combined entity and its influence on the market.