• Ripple had a secret meeting with Coinbase recently, and speculation is that Ripple was trying to persuade Coinbase to relist XRP.
• However, prominent lawyers and digital asset enthusiasts suggest that the meeting could be about how Ripple may help Coinbase in their legal battle with the SEC.
• XRP holders are waiting for its relisting on Coinbase, but it won’t take place until there is more regulatory clarity in the US.
Recently, the world of cryptocurrencies has been abuzz with rumors of a secret meeting between Ripple and Coinbase. While the details of this discussion remain shrouded in mystery, speculation is rife that Ripple may be trying to persuade Coinbase to relist XRP on its platform.
However, one prominent lawyer and digital asset enthusiast have poured cold water on this theory by suggesting that Ripple’s recent decision not to use XRP in their own liquidity hub service suggests that they are not pushing for an XRP listing on Coinbase. Bill Morgan believes that Ripple might be assisting Coinbase in their legal battle with the SEC instead.
Outcome Of The Battle
The outcome of this potential legal battle between the SEC and Coinbase will be crucial for XRP holders who are eagerly waiting for its relisting on Coinbase. According to pro-XRP lawyer John E Deaton, Ripple isn’t listing XRP on its own liquidity hub platform until there is more regulatory clarity in the US.
In conclusion, it seems likely that Ripple’s secret meeting with Coinbase was not about getting them to list XRP but rather helping them out in their legal battle against the SEC. The outcome of this case will determine whether or not an XRP listing will take place soon or not.