All Things Crypto

ATC quote · Apr 30, 2025 · 0:13:20

“Cool. Listen listen to the numbers. Are ready? To these numbers. The Ripple RLUSD stablecoin has a market cap just above $316,000,000, while Circle's USDC has a market value of 61,700,000,000. And…”

Dave @DCBK2LA

From Garlinghouse Offers $50M for All Things Crypto because why not?, Apr 30, 2025 · Episode page

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0:11:40 Kool @koolcryptovc: Is the undervalued or overvalued? I think if if it does happen, I think it's undervalued. I think it's undervalued because because you guys you guys remember. Right? You... If you look at USDT as as as an example, Tethr is more money than Blackfork. How how many employees do they have? Not that many. So if you if you compare overall... Look at Tron. Tron is destroying the game right now because of of their ties to…

0:13:20 Dave @DCBK2LA: Cool. Listen listen to the numbers. Are ready? To these numbers. The Ripple RLUSD stablecoin has a market cap just above $316,000,000, while Circle's USDC has a market value of 61,700,000,000. And Ripple is the one making the 5,000,000,000 offer for Circle. How wild is that? Like, that's crazy. I think they... They're gonna wanna just entice, essentially, like, the executives to be like, look. Fucking just, like…

0:14:10 Landy @CryptoLandy: Well, obviously, that was a lowball offer. That was a, like, insanely lowball offer. But, you know, I I understand the reasons why. You know, if they feel like Circle might be in a a tight position, for instance, the margins are pretty thin in terms of operating capital, that could be one of the reasons why. I just don't... I don't see I don't see a deal there. And so I... In some respect, like, I almost feel like…

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