Ripple’s Potential Acquisition of Circle Could Impact XRP Prices

Speculation abounds regarding Ripple’s potential acquisition of Circle, the company behind the world’s second-largest stablecoin, USDC. Analysts believe this move could significantly reshape the stablecoin landscape and impact XRP prices in substantial ways. If successful, Ripple acquiring Circle would grant them control over RLUSD, a stablecoin currently under development, and USDC, which boasts a significant market cap of $61 billion. This control could give Ripple significant influence over digital dollar liquidity.