Recent rumors surrounding a potential acquisition of Ripple by Meta were sparked by comments during a TechPath YouTube interview, where XRP Las Vegas event director Bradley Kimes discussed the possibility. The conversation centered on Meta’s CEO Mark Zuckerberg and his renewed focus on stablecoins and cross-border payments—areas in which Ripple, through its XRP and RLUSD stablecoin, has long been a dominant player.
The Speculation Grows
In the interview, Kimes addressed the notion of Meta potentially acquiring Ripple, a question raised by TechPath’s host, Barrow. The discussion referenced Zuckerberg’s past remarks on cross-border payments, where he suggested such systems could significantly boost Meta’s profits. “Zuckerberg just said that it would double their profit if they could get into cross-border payments,” Barrow noted, fueling further speculation.
While Kimes did not confirm any ongoing acquisition talks, he acknowledged that mergers and acquisitions have become increasingly common in the tech and crypto industries. “Whether it’s Ripple or whether it’s Meta targeting them, I see this is the moment where special things like this can take place,” Kimes said. However, he remained uncertain about Meta’s specific plans regarding Ripple.
Zuckerberg’s Comments and Strategic Moves
The conversation also delved into Zuckerberg’s comments at a Stripe-hosted event, where he described global money transfers as “crazily difficult” and emphasized the need for a scalable stablecoin to make such systems more efficient. Barrow connected these remarks to Ripple’s significant user base, noting that Ripple’s more than 6.5 million holders could be the scale Zuckerberg is looking for.
In addition to these discussions, Meta’s recent hiring of Ginger Baker as VP of Product has added fuel to the fire. Baker’s past affiliations with the Stellar Foundation, Plaid, and First Horizon, all of which have strong connections to payments and blockchain, have led some to speculate that Meta is strategically positioning itself in the blockchain and crypto space.
A Broader Industry Trend
Kimes also noted broader trends in the industry, highlighting how companies like Ripple have engaged in acquisitions, citing Ripple’s interest in acquiring Circle. “All of these things happening tell me the larger sign is this isn’t turning around and going the other way,” Kimes observed, suggesting that major players are positioning themselves for a larger role in the future of cryptocurrency.
What’s Next?
The XRP Las Vegas event, scheduled for May 30–31, is poised to be a key moment for the crypto world, with many expecting potential industry announcements. Kimes, who is overseeing the event, teased that historical trends suggest breaking news could emerge. “If history is any measure, last year and every year, we’ve always had something on stage be breaking news,” Kimes stated.
As for how the XRP community might react to a possible Meta-Ripple collaboration, Kimes was optimistic. He expressed confidence that the community would be supportive of any move that aligns with Ripple’s goal of advancing innovation and achieving mass adoption of blockchain technology.
For now, the speculation continues to swirl, but both Meta and Ripple have remained tight-lipped, offering no official comment on the matter. With the upcoming XRP Las Vegas event on the horizon, industry watchers are bracing for any potential developments.
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