- Ripple’s internal emails reveal a strategy to highlight Bitcoin’s alleged China ties, aiming to differentiate XRP from emerging digital assets.
- As U.S.-China tensions rise, Ripple seeks to capitalize on concerns over Chinese influence in global markets, including cryptocurrency.
Internal Ripple communications, which were submitted as part of the U.S. Securities and Exchange Commission (SEC) lawsuit, have shed light on a possible disputed approach the company is considering. The emails reveal that Ripple is discussing how to use the belief that China controls Bitcoin.
Internal Ripple emails, submitted in the SEC’s lawsuit over unregistered securities sales, reveal the company was behind promoting the “Bitcoin is controlled by China” FUD. pic.twitter.com/3jEuqXH22q
— Bitcoin News (@BitcoinNewsCom) March 9, 2025
This move could impact Ripple’s positioning in the crypto market as the company considers how best to respond to growing competition and regulatory pressures.
One key point in the internal discussions is Ripple’s consideration of Bitcoin’s association with China. Ripple’s leadership, particularly CEO Brad Garlinghouse, has already pointed out this claim in public statements. The emails indicate that Ripple sees an opportunity to use this narrative to differentiate XRP from Bitcoin as new digital assets emerge and challenge Bitcoin’s dominance in the market.
However, the communications reveal that Ripple’s strategy is not without internal debate. Following its ongoing promotional efforts around decentralization, the company is considering the possible risks and rewards of pointing out Bitcoin’s alleged connections to China.
Geopolitical Tensions Add Fuel to the Narrative
The internal emails discussing Bitcoin’s alleged Chinese ties come at a time of tense U.S.-China relations, particularly due to the ongoing trade war. As reported in our previous post, U.S. President Donald Trump imposed additional tariffs on Chinese imports, increasing the stakes in the trade dispute.
Ripple’s internal strategy coincides with these rising tensions. The company sees an opportunity to capitalize on the growing doubts about China’s influence in sectors like technology and cryptocurrency.
As China’s trade surplus with the world hit a record high in 2024, Ripple’s messaging could tap into general concerns about Chinese control over global markets. The emails suggest that emphasizing Bitcoin’s connection to China could resonate with an audience increasingly wary of Chinese dominance in the global financial system.
Jack Dorsey’s Bitcoin Vision Sparks New Interest
Meanwhile, despite its recent volatility, Bitcoin continues to gain attention for its potential to become a global currency. As noted by ETHNews, Jack Dorsey, the CEO of Twitter and Square, earlier shared his belief that Bitcoin could become the world’s single currency, with mass adoption occurring within the next decade.
Dorsey, a strong advocate for Bitcoin, noted that improvements in scalability and transaction speed could help the cryptocurrency overcome its current limitations, such as slow and costly transactions. Additionally, Dorsey remains positive about the digital asset’s long-term potential.
Despite this, Bitcoin’s price has continued to face challenges, currently trading at $81,783.90, marking a 4.63% decline over the past 24 hours. The market cap stands at $1.62 trillion, with a trading volume of $40.26 billion, recording a 181.10% increase. Additionally, the total supply of Bitcoin is 19.83 million BTC, with a maximum supply of 21 million.
