Ripple and XRP communities are discussing the potential acquisition of stablecoin giant Circle, which could lead to long-term outperformance of XRP.
An analyst highlighted that if Ripple acquires Circle, it would be a strategic move, attracting institutional players to the XRP market.
Circle has engaged in talks with Ripple and Coinbase for a possible acquisition deal, with a reported target valuation of $5 billion, similar to its IPO target.
There is speculation that if Ripple acquires Circle, investors awaiting Circle's IPO may turn to XRP due to the increasing demand for stablecoins among institutional investors.