Apr 6, 2026 2:45 PM

Ripple's $250 million credit line to Gemini isn't a lifeline; it's a strategic maneuver designed to leverage Gemini's distress. With interest rates soaring to 10% on failure to reduce debt and strict RLUSD collateral requirements leading to immediate default, Ripple is essentially acquiring control or assets under the guise of a loan. Is this a predatory move, or just smart business?
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