Latest news on the Circle acquisition offer although it is not officially confirmed:
🔴 Recently, Ripple, the blockchain company known for its XRP token, made an acquisition offer for Circle, the issuer of the USDC stablecoin, with a proposed value ranging between $4 billion and $5 billion. According to a Bloomberg report citing sources familiar with the matter, the offer was rejected by Circle, which found the valuation 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, and the deal is likely heading towards completion.
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