#StablecoinPayments

The "big gamble" of Ripple failed! The acquisition of USDC worth 5 billion dollars fails, and stablecoin wars ignite 💥

According to Bloomberg magazine, Ripple had proposed to acquire the USDC issuer, Circle, for 5 billion dollars, but the offer was rejected as it was too low. Although the acquisition did not succeed, Ripple is still expanding its influence in the stablecoin market. 📉