Ripple's Hong Kong push linked to 2026 stablecoin licenses and CZ's "Super-Cycle"

An XRP-focused analyst contends Ripple is building core liquidity rails as Hong Kong targets stablecoin licensing in early 2026 and the HKMA's e-HKD pilots tap its CBDC platform. He connects this to CZ's 2026 "super-cycle" view, while institutional tokenization and bank custody deals signal where future liquidity could consolidate.