Ripple's XRP sales have come under scrutiny again following new analysis which offers an alternative explanation for these actions, suggesting they serve a long-term strategic purpose.
XRP Sales: Factors and Criticism
For years, Ripple has faced criticism for its regular XRP sales, often labeled as dumping. However, analyst Stellar Rippler suggests these sales were not for profit but intended to gain leverage in critical financial areas.
Ripple's Strategic Partnerships
The analyst noted that Ripple continued distributing XRP even while under regulatory scrutiny by the U.S. Securities and Exchange Commission. This indicates a well-coordinated effort, with partnerships like that of MoneyGram being pivotal for improving real-time transaction capabilities.
Ripple's Global Infrastructure Expansion
According to the commentary, Ripple has intensified efforts in Asia through support for Tranglo, securing liquidity corridors in the region. Their acquisition of Metaco indicates a move into asset management, further solidifying their position in international markets.
Public focus has shifted from typical narratives surrounding XRP sales to speculative discussions on Ripple's strategic aims. This raises questions about XRP's role in establishing new financial networks and the company's capacity to influence global liquidity.
