Legal battles between Ripple and the SEC have sparked discussions about potential hidden agendas of the company. A social media user has proposed a theory that this conflict was a distraction that allowed Ripple to focus on expanding its operations.
Speculations about Legal Battles
User X, known as Pumpius, claims that Ripple's legal battle with the SEC was a deliberate distraction. He believes that the 'David vs. Goliath' narrative obscured the company's true intentions to expand its market presence while the public attention was directed at the court case.
Global Partnerships and Strategic Expansion
According to the claims, Ripple signed over 1,700 contracts and non-disclosure agreements with financial institutions worldwide during the peak media attention surrounding the lawsuit. These partnerships reportedly include ties with the Central Bank of Bhutan, Palau, and Montenegro, as well as key payment corridors in the Middle East and Asia.
Domestic Readiness and Broader Scope
Ripple’s RLUSD stablecoin pilot is viewed as a cornerstone of the company's strategy. Fully compliant with U.S. standards and integrated with the XRP Ledger, it is intended to streamline transactions on both domestic and international levels. The project 'DNA Protocol' is also mentioned, suggesting Ripple's potential reach into data management.
Despite the growing speculations around Ripple's intent, the lack of official comments and confirming facts indicates that this subject requires further investigation. The XRP community is actively discussing this information, but currently, concrete data remains elusive.
