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

▲ XRP/AI generated image

Cardano (ADA) founder Charles Hoskinson 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 the virtual asset media The Crypto Basic on April 28 (local time), Charles Hoskinson mentioned buybacks in a recent broadcast as a way for Ripple to effectively manage its large escrow holdings. He diagnosed that if Ripple directly bought XRP from the market to burn or reinvest it into ecosystem funds, it could significantly boost investor confidence. This is the same principle as a general company buying back its own shares to increase shareholder value.

Hoskinson noted that Ripple currently releases a certain amount of escrow each month, regulating market liquidity. He emphasized that instead of simply releasing quantities, 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 increase interoperability to expand the overall size of the virtual asset market. He cited the recent news of Ripple's RLUSD bridge expansion, highly valuing the trend of increased fund movement between various chains.

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

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