$XRP
🚨 Ripple Pushing to Acquire Circle 🚨
However, since then, discussions have progressed, and recent reports revealed that Circle is now in informal talks with both Ripple and Coinbase. These newer bids are reportedly between $6 billion and $11 billion.
This potential acquisition is Ripple’s latest in a series of moves to expand its blockchain infrastructure. Earlier this year, Ripple acquired Hidden Road, a digital asset prime brokerage firm, for $1.25 billion.
With the Circle target, Ripple appears to be eyeing a leap toward dominating the stablecoin scene. Gaining control of both RLUSD (Ripple’s stablecoin) and USDC would bolster Ripple’s influence over digital dollar liquidity.
Meanwhile, considering the scale of such an acquisition and Ripple’s existing infrastructure, we asked two prominent AI models ChatGPT and Grok what could happen to XRP price if Ripple succeeds in buying Circle.