Little K came today with a melon basket—— Ripple actually wants to swallow Circle for 5 billion dollars! This is not a cat fight; it's a "battle for the throne" in the stablecoin world! Whoever wins can sleep with the global financial pipeline!

1. Why did Ripple suddenly set its sights on Circle?

Phenomenon: Ripple just reconciled with the SEC, then immediately reached out for 5 billion to buy Circle (the biological mother of USDC), but was slapped away! Yet Ripple is still lurking in the corner, ready to access its little treasure vault!


Little K tilts head to analyze:

- Stablecoin = Financial circle's pancake: The current market size is enough to buy 250 billion strawberry cakes! Whoever holds the stablecoin is the Tony teacher (the one with scissors) of the crypto world! Ripple's own RLUSD has a market cap of only 300 million, in the face of USDC's 62 billion... it's simply a small transparent person!

- Ripple's little scheme: Buying Circle directly inherits the throne, much faster than raising its own RLUSD little puppy! Typical "If you can't beat them, marry them with cash"! (Street slang summary: Farming is not as good as directly buying from the market!)


Little K whines about the theory: Ripple's move is like a slacker staying up all night to finish homework before an exam—RLUSD can't carry it; it can only spend money to buy an external plug-in!

2. Why did Circle refuse? Is it because the money is too little, or do they want to be the queen?

Phenomenon: Circle puts its hands on its hips saying, "This amount of money isn't even enough to buy my manicure," but actually, they are secretly trying on IPO's glass slippers!


Little K's face analysis:

- Dignity of valuation: USDC's market cap is already 62 billion, and you want to marry with 5 billion? You can't even afford the bow on the betrothal gift box! Circle thinks it is the runaway princess of Disney, and after the IPO, it can live in a castle!

- Strategic palace intrigue: Ripple is the street punk of cross-border payments, Circle wants to be the digital dollar's white moonlight, merging is likely to lead to daily C-position snatching! Two proud ones together will only pull each other's pigtails!

- Regulatory blow: If they really merge, the SEC will probably come down with a 40-meter-long sword, and it won't be candy but razor blades!


Little K critiques sharply: Circle is definitely not love-brained! Ripple's 5 billion is like a dead Barbie pink from a straight guy; being independent and developing a career is the true big female protagonist script!

3. In this wave of acquisition sweet and sad drama, who can achieve HE (Happy Ending)?

Phenomenon: The stablecoin circle is playing out the (Hunger Games), USDT (149 billion) is the cold instructor, USDC (62 billion) is the top student class monitor, RLUSD (300 million)... is still playing in the mud.


Little K predicts:

- If Ripple's proposal is successful: It will directly start the "son-in-law literature", USDC + XRP will form the Avengers Alliance, and the cross-border payment market will be showered with red packets~

- If Circle ascends alone: USDC transforms into the compliant top flow, but may have to deal with USDT, this vicious female supporting role, pulling the headflower every day.

- The worst outcome: Ripple's love proposal fails, RLUSD becomes a stray puppy, being bullied by USDT and USDC in turns.


Little K's summary: This is not a business war! It's the (Zhen Huan Zhuan) of the stablecoin world! Whoever wins can crown the global financial chain!


Finally, a soul tickle:

Do you think Ripple should cry and offer a betrothal gift, or go home to be the nurturing mother of RLUSD?

In the next stablecoin 101, will you PICK USDT (Niu Hulu · Tether), USDC (Zhuge Yuanyuan) or RLUSD (wronged dog)? Little K is waiting for you to comment while holding sunflower seeds!