Ripple, which wanted to acquire Circle for 5 billion, got the door slammed in its face. Result: a duel of stablecoins where USDC does not intend to let itself be overshadowed.
Ripple is preparing a major move. With the acquisition of broker Hidden Road for $1.25 billion, the crypto company is not just strengthening its arsenal. According to attorney John Deaton, Ripple aims much bigger: to capture a share of an institutional market estimated at $16 trillion. Behind this discreet operation lies a titanic ambition: to become one of the pillars of tomorrow's finance.
While Ripple builds a discreet empire, Ethereum hesitates. Solana warns: the unreplicable success of XRP is not a playbook, but a market accident.
Ripple, in "burn & mint" mode, aims to outdo Tether with its stablecoin RLUSD. The goal: to be among the top 5 stablecoins by December. Stay tuned, but things are heating up!