Rumors claim that Ripple made a $20 billion acquisition offer to Circle

After Circle rejected Ripple's $5 billion acquisition offer, rumors spread that Ripple made another attempt. Although it is claimed that they tried to offer $20 billion to Circle, there is no concrete evidence to support this claim.

Commentators pointed out that Circle's IPO had previously been valued at around $5 billion, making the $20 billion offer seem utterly ridiculous. It is difficult to confirm, but this rumor seems to have moved the market less than other recent false claims.

Did Ripple offer Circle $20 billion?

Circle, the issuer of the second-largest stablecoin in the world, drew attention when it rejected Ripple's offer on Wednesday. Circle's IPO was postponed after tariff chaos, and analysts raised concerns about the company's financial situation.

This rejection made it particularly noticeable, leading to speculation in the community.

Last night, rumors began to emerge that Ripple's CEO, Brad Garlinghouse, had made a bold new offer to Circle. Specifically, several prominent social media accounts claimed that Garlinghouse made a new offer of $20 billion.

This rumor gained new momentum.