Ripple’s Circle Move Could Shake Crypto — But Not Everyone’s Happy
Ripple is in a heated race with Coinbase to acquire Circle, the company behind USDC, with offers reportedly hitting $11B. If Ripple wins, it could instantly become a major stablecoin powerhouse — but critics are raising red flags.
MetaLeX’s Gabriel Shapiro called the deal “disastrous,” warning it could lead to unfair dominance and trigger serious regulatory pushback. He also pointed to Ripple’s past actions that targeted Bitcoin and Ethereum.
Earlier, Ripple’s $4–$5B offer was rejected. Now, it's back with a bigger bid, possibly backed by XRP. But U.S. regulators could slow things down, giving Coinbase an advantage.
This battle could change the stablecoin market forever — and the outcome might define where crypto heads next.
