🚨Latest news on Ripple's acquisition offer for Circle, although it is not officially confirmed:
🔴 Ripple, the blockchain company known for its token #xrp , has recently made an acquisition offer for Circle, the issuer of the USDC stablecoin, with a proposed value ranging between 4 billion and 5 billion dollars. According to a Bloomberg report citing sources familiar with the matter, the offer was rejected by Circle, which found the valuation to be too low. Despite the rejection, Ripple has not backed down from its interest in Circle. Reports now indicate that Ripple's CEO, Brad Garlinghouse, has raised the offer to 20 billion dollars, and the deal is likely headed toward completion.
