🚨 Ripple, the developer of XRP, has made an acquisition offer for Circle, the issuer of the stablecoin USDC, valued at nearly 5 billion dollars!
However, according to informed sources, the offer was rejected as being too low, while Ripple continues to explore other acquisition options for companies active in the stablecoin sector.
It is worth noting that Ripple launched its stablecoin RLUSD in late 2024, leading to direct competition with USDC, where the market value of RLUSD reached over 316 million dollars, while the market value of USDC is estimated at around 61.7 billion dollars.
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