Ripple rumored to raise Circle acquisition offer to $20B amid growing speculation

Ripple is reportedly raising its acquisition offer for Circle, the issuer of USDC, to $20 billion, quadrupling its initial bid. While not officially confirmed, rumors of the deal have been circulating widely on social media.

The move is seen as Ripple’s attempt to gain ground in the stablecoin market, as its own RLUSD only holds a modest $317 million market cap compared to USDC’s $61.7 billion.

Circle is currently preparing for a U.S. IPO, while Ripple recently settled its case with the SEC. If completed, the acquisition could mark a significant shift in Ripple’s role in the global stablecoin landscape.

Neither company has commented on the rumored $20B figure.

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