šØ Rippleās $11B Power Grab? MetaLeXās Shapiro Warns: āThis Would Be Disastrous for Crypto!ā š„š„
The Stablecoin Wars Just Got Real ā and Rippleās Playing for Keeps.
Another day, another headline shaking the crypto worldā
This time, it's Ripple stepping into the spotlight with a multi-billion-dollar move to acquire Circle, the firm behind $USDC
, the second-largest stablecoin in the game.
But hold on... not everyoneās cheering.
Crypto legal heavyweight Gabriel Shapiro (MetaLeX Labs) just dropped a bombshell:
āIf Ripple becomes the largest asset issuer across blockchains, it would be disastrous and anti-competitive.ā
The warning is loud and clear: This deal could break the stablecoin ecosystem.
Why Itās a Big Deal:
Price Tag: $11 billion ā serious money.
Battle of Giants: Ripple vs. Coinbase.
Prize: Total control of USDC and a dominant seat at the crypto table.
If Ripple wins, it wouldn't just acquire Circle...
It could reshape the future of DeFi, CBDCs, and cross-chain liquidity.
Red Flags Everywhere
Shapiro didnāt mince words:
Ripple has a history of targeting rivals (Remember Larsen + Greenpeace vs. Bitcoin mining?)
Regulators like the DoJ and FTC could pounce if this goes through.
He even invoked the Revlon Doctrine ā Circle must protect shareholders from potential antitrust fallout.
And letās not forget: Rippleās XRP war chest ($40B+) isnāt even fully liquid without court approval.
Rippleās first bid ($4ā5B) was rejected. Now theyāre backāwith a vengeance.
Rumors suggest theyāll mix XRP + cash to lock this deal down.
But Coinbase, with $8.5B+ in cash, may still strike fast and clean.
And the twist?
Japanās SBI Holdings, a major XRP whale, might just jump in as a surprise ally.
Rippleās Power Play or Cryptoās Breaking Point?
Will this be a legendary leap forward...
Or the moment regulators decide to clamp down?
#RippleVsCoinbase #CircleAcquisition #USDCWar #StablecoinShakeup #BinanceAlphaAlert