🔥 NEW: Ripple Reportedly Offered $4B–$5B to Acquire Circle — Bid Rejected
Ripple proposed a massive $4 billion to $5 billion acquisition deal for stablecoin giant Circle Internet Group Inc., but the offer was rejected as too low, according to Bloomberg sources.
Circle, the issuer of USDC, is currently prioritizing its IPO plans and hasn’t ruled out future offers. Meanwhile, Ripple’s interest signals its aggressive push into the stablecoin market following the December launch of its own RLUSD token.
The stablecoin war is heating up.