$USDC

⚡Ripple has made an offer to acquire Circle, the issuer of the USDC stablecoin ⚡

* Ripple made an offer worth $4-5 billion to acquire Circle, the issuer of USDC, but the offer was rejected.

* Garlinghouse, the CEO of Ripple, stated that the company may look to purchase "blockchain infrastructure companies."

* The Stripe deal to acquire Bridge, a stablecoin specialist, for $1.1 billion is one of the largest cryptocurrency deals to date.

* Bloomberg reported on Wednesday that Ripple, specializing in cryptocurrency payments, made a multibillion-dollar offer to acquire Circle, the issuer of USDC.

* In early April, Circle filed paperwork with the U.S. Securities and Exchange Commission (SEC) for an initial public offering.

* A spokesperson for Circle stated that the company is "currently in a quiet period with the SEC," meaning its ability to comment on the company's financial plans is limited. Circle did not immediately respond to Decrypt's request for comment.

* A spokesperson for Ripple directed Decrypt to Bloomberg, where the CEO of Ripple stated that the company has become "more proactive in considering acquisitions" and will look at "blockchain infrastructure companies" as potential acquisition targets.