🚨#RIPPLE TRIED TO #BUY CIRCLE FOR $5B — REJECTED
🔹Ripple reportedly offered $4B–$5B to acquire USDC issuer Circle, but Circle rejected the bid as too low, per Bloomberg.
🔹Ripple launched its own stablecoin RLUSD this year, aiming to compete with market leaders.
🔹Circle recently filed for an IPO, previously valued at $9B in a 2022 SPAC deal.
🔹USDC remains the #2 stablecoin, behind Tether’s USDT.
🔹Ripple remains interested in acquisitions, focusing on blockchain infrastructure.
#USDC #Circle #Stablecoins #RLUSD$XRP