💥Deaton Clears Rumors: XRP and Circle.
John Deaton, the influential pro-$XRP lawyer, has put an end to the confusion: Ripple (XRP) and Circle ($USDC ) are not in a head-to-head race, he emphasizes that each is a powerhouse in its own right.
While XRP focuses on asset valuation and its market expansion, Circle's USDC dominates the realm of stablecoins. They are two different beasts, with distinct strategies that, far from competing, enrich the ecosystem.
This clarification is key, especially for those speculating about the possible IPO of #Ripple ; its valuation, according to Deaton, is grounded in its own solid foundations and not in the reflection of Circle.
In essence, both are vital players, but each dances to its own rhythm.