🚨Major Shock! Ripple Releases 1 Billion XRP🔥Rumored Acquisition of Circle Shocks the Market🌐💰🐳
Ripple has just released 1 billion XRP, valued at up to $2.2 billion⚠️At the same time, there are heavy rumors about a planned acquisition of the stablecoin giant Circle, causing a stir in the entire crypto community!
🔓Massive Release, Market Focuses on Ripple's Next Move
This month, Ripple released through three transactions:
500 million XRP (approximately $1.1 billion)
300 million XRP (approximately $660 million)
200 million XRP (approximately $440 million)
This operation aligns with its monthly custody plan, aiming to maintain supply transparency and market trust. Although the release was temporarily halted in April, it returned to normal flow in May, showing that Ripple's liquidity strategy is back on track.
💣Major Rumor: Is Ripple Looking to Acquire Circle?!
Multiple sources indicate that Ripple is considering acquiring Circle, the issuer of USDC, with a valuation potentially reaching $5 billion. If true, this will reshape the stablecoin landscape, especially as both are deeply involved in cross-border payment infrastructure.
📉Market Volatility: XRP Slightly Drops, BTC Reclaims $97,000
Despite the massive unlocking of XRP, it only dropped 0.08% in one day, trading at $2.21, indicating the market's mature expectations for Ripple's supply-demand management. In comparison, Bitcoin has once again broken through $97,000, with the macro environment stabilizing.
📊Transparent Custody Mechanism is Ripple's Biggest Advantage
Ripple's custody mechanism is extremely open and transparent, with each monthly unlock verifiable on-chain and tracked in real-time through tools like Whale Alert. This mechanism helps it gain institutional trust, especially in the context of promoting the RLUSD stablecoin and applying for global regulatory licenses, which is significant.
🔭Outlook: How Will Ripple Use This 1 Billion XRP?
Will it support ecosystem development? Or will it be locked back like in previous months? This will directly relate to the advancement of its DeFi strategy and stablecoin plans.
Regardless, every move by Ripple stirs waves in the crypto market. Do you think they will really acquire Circle?🤔