Ripple attempts to acquire Circle for $5 billion amid its expansion in the stablecoin market....
Reports indicate that Circle rejected a $5 billion acquisition offer from Ripple.
In contrast, Ripple's currency (XRP) fell by 4.38% to $2.1888, amid a general market decline.
Ripple continues to expand aggressively, recently acquiring the platform Hidden Road for $1.25 billion.
Ripple sees an opportunity to dominate the American market under Trump's pro-cryptocurrency policies.
It remains unclear whether new negotiations will open or if other companies will enter with larger offers.
