据报道，Ripple正准备收购Circle，这是第二大Stablecoin USDC背后的公司。

通过成为加密并购中最具侵略性的球员之一。今年早些时候，该公司收购了一个加密经纪平台Hidden Road

Rumors of an "imminent" deal linking together Circle and Ripple have begun to circulate, sparking interest particularly among XRP holders.

关于将圆圈和波纹连接在一起的“迫在眉睫”交易的谣言已经开始流传，尤其是在XRP持有人之间引起了兴趣。

As rumors of an "imminent" deal linking together Circle and Ripple continue to swirl in the cryptosphere, anticipation is particularly piqued among XRP holders. This interest stems from the fact that several market analysts have begun offering their predictions on how such a merger might affect the price of Ripple’s native token.

随着关于“迫在眉睫”交易将圆圈和波纹连接在一起的谣言继续在加密层中旋转，XRP持有人尤其引起了人们的期望。这一兴趣源于以下事实：几位市场分析师已经开始对这种合并如何影响Ripple的原住民代币的价格进行预测。

A Risky Move From Ripple

从涟漪中冒险的举动

The year 2025 has seen Ripple take an unexpected turn, emerging as one of the most aggressive players in crypto M&A. Earlier this year, the company acquired Hidden Road, a crypto brokerage platform, for an impressive $1.25 billion. But it seems that Ripple isn't slowing down.

2025年，Ripple发生了出乎意料的转变，成为Crypto M＆A中最具侵略性的球员之一。今年早些时候，该公司以12.5亿美元的价格收购了一个加密货币经纪平台的Hidden Road，这是一个令人印象深刻的。但似乎波纹并没有放慢脚步。

Next on the company's radar is an even bigger target: Circle, the firm behind the second-largest stablecoin, USDC. The company currently manages over $61 billion in digital currency and is preparing a public offering on the NYSE under the ticker symbol "CRCL," aiming for a valuation of around $5 billion.

该公司雷达的下一个目标是一个更大的目标：Circle，这是第二大稳定公司后面的公司。该公司目前管理着超过610亿美元的数字货币，并正在为纽约证券交易所的公开募股准备在纽约证券交易所符号“ CRCL”下进行的公开募股，旨在估值约50亿美元。

Though Circle initially rejected Ripple's optimistic $4-$5 billion acquisition offer in April, the story took an interesting turn. According to reports by The Tokenizer, Circle is now engaged in preliminary discussions with both Ripple and Coinbase for a potential merger or acquisition. The report also claims that the new bids for Circle are valued higher, ranging between $6 and $11 billion.

尽管Circle最初拒绝了Ripple在4月的4-5亿美元的乐观票房，但故事发生了一个有趣的转变。根据令牌剂的报道，Circle现在正在与Ripple和Coinbase进行初步讨论，以进行潜在的合并或收购。该报告还声称，圆圈的新出价较高，范围在6至110亿美元之间。

If successful, the integration of USDC into Ripple's existing stablecoin, RUSD, would give the company a large presence in the stablecoin market. This move would strengthen Ripple's position within the crypto payments infrastructure, which is being assembled via Ripple Payments, a cross-border payments service launched in December 2024.

如果成功的话，将USDC集成到Ripple现有的Stablecoin Rusd中，将为该公司在Stablecoin市场中占有一席之地。此举将加强Ripple在加密支付基础设施中的地位，该基础设施正在通过Ripple Payments组装，这是一项跨境支付服务，于2024年12月推出。

What Happens to XRP?

XRP会怎样？

Several market analysts have weighed in on potential price scenarios for XRP in different merger scenarios.

在不同的合并情景下，几位市场分析师对XRP的潜在价格情景感到困惑。

In a moderate scenario, where Ripple manages to acquire Circle for a reasonable price of $6-$8 billion and faces minimal difficulties in integrating USDC into its systems, analysts are projecting that XRP could rise to between $3.50 and $4.50. This projection assumes that increased stablecoin activity will boost liquidity across Ripple's network, indirectly increasing demand for XRP as a bridge asset.

在适度的情况下，Ripple设法以6至80亿美元的合理价格收购了Circle，并且在将USDC集成到其系统中时面临最小的困难，分析师预计XRP可能会上升至3.50美元至4.50美元。该预测假设增加的稳定活性会提高波纹网络的流动性，这间接地增加了对XRP作为桥梁资产的需求。

"If we see more liquidity flowing through the network due to stablecoins, then there will be more demand for XRP to facilitate those flows, especially if it's used as a bridge asset between fiat and stablecoins," explained Miles, a market analyst at GlobalCoin.

GlobalCoin的市场分析师Miles解释说：“如果我们看到更多的流动性由于稳定剂而流经网络，那么XRP将有更多的需求来促进这些流动，尤其是如果将其用作菲亚特和稳定菌之间的桥梁资产。”

Offering a similar outlook for this baseline scenario, where the merger faces no major hitches, another analyst, Raymond, also placed XRP in the $3.50-$4.50 range.

另一名分析师雷蒙德（Raymond）为这种基线场景提供了类似的前景，在该场景中，合并面临的前景也没有主要障碍，还将XRP置于$ 3.50- $ 4.50的范围内。

"While stablecoins themselves won't determine XRP's price, their integration into Ripple Payments will be key. If we see smooth integration and adoption of USDC into the existing network, then XRP's utility for cross-border settlements will increase, likely driving up demand and price accordingly," Raymond stated.

雷蒙德说：“尽管Stablecoins本身并不能确定XRP的价格，但它们融入波纹付款将是关键。如果我们看到USDC的平稳整合并采用到现有网络中，那么XRP的跨境定居点实用程序将会提高，可能会提高需求并相应地提高价格，” Raymond说。”

However, in a best-case scenario, which assumes a strong bull market backdrop and flawless technical integration between RUSD and USDC, and where Ripple manages to absorb Circle and effectively scales Ripple Payments across global markets, analysts are projecting even more significant gains for XRP, placing it in the $6-$10 range.

但是，在最佳情况下，假设RUSD和USDC之间具有强大的牛市背景和完美的技术整合，并且Ripple设法吸收了圆圈并有效地扩展了整个全球市场的涟漪支付，分析师正在投影XRP的巨大收益，将其放入6-6美元的10美元范围内。

"In a bull market, with a fully operational and successful rollout of Ripple Payments powered by both RUSD and USDC, we could easily see XRP breaking out to $6-$10, especially if it's widely used for global payments," said Anna, a market analyst at Apex Invest.

Anna表示：“在牛市中，由RUSD和USDC提供了全面运营且成功推出了连锁付款，我们很容易看到XRP爆发至6-1美元，尤其是如果它广泛用于全球付款，” Anna表示，Anna表示。