Rumors Claim That Ripple Made a $20 Billion Acquisition Offer to Circle

After Circle rejected a $5 billion acquisition offer from Ripple, rumors are spreading that Ripple made another attempt. Despite claiming that it tried to offer $20 billion to Circle, there is no concrete evidence to support this claim.

Commentators noted that Circle's IPO had previously been valued at around $5 billion, making the $20 billion offer seem utterly absurd. It is hard to tell, but it appears that this rumor has moved the market less than other recent false claims.

Did Ripple offer Circle $20 billion?

Circle, issuer of the second largest stablecoin in the world, caught attention when it rejected Ripple's offer on Wednesday. Circle's IPO was postponed after the 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 had made a new $20 billion offer.

This rumor gained new momentum.