Hoskinson "Buy All XRP"...Proposes Buyback Model

▲ XRP (XRP)/AI Generated Image

Charles Hoskinson, the founder of Cardano (ADA), proposed to Ripple (XRP) the introduction of a large-scale buyback model to stabilize XRP's price and enhance its market value.

According to a report by virtual asset media outlet The Crypto Basic on April 28 (local time), Charles Hoskinson recently mentioned buybacks on a broadcast as a way to effectively manage the large volume of escrowed XRP held by Ripple. He diagnosed that if Ripple directly buys XRP from the market to burn it or reinvests it into ecosystem funds, investor confidence could be significantly boosted. This principle is similar to how general companies buy back their own shares to increase shareholder value.

Hoskinson noted that Ripple currently manages market liquidity by releasing a certain amount of escrowed XRP each month. He emphasized that instead of simply releasing funds, strategic buybacks should be used to reduce price volatility and induce long-term value appreciation. He particularly predicted that this economic measure would send a strong positive signal to the market as Ripple resolves regulatory risks.

Hoskinson also expressed a positive stance on the possibility of technical cooperation between Cardano and Ripple. He argued that instead of being mired in competition, the two ecosystems should enhance interoperability to expand the overall virtual asset market. He mentioned Ripple's recent news of RLUSD bridge expansion, highly valuing the trend of active fund movement between various chains.

The virtual asset industry is showing interest in whether Hoskinson's proposal will actually be reflected in Ripple's management strategy. Ripple has not yet announced an official buyback plan but is reviewing various funding strategies for ecosystem expansion. Market participants are closely observing the impact of this proposal on the future tokenomics design of XRP.

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