$XRP 10B$USDC Deal Not Crazy? XRP Lawyer Weighs in on Ripple x Circle Rumors

Ripple making moves again — word is, they’re eyeing a full takeover of Circle (yep, the team behind USDC). Started with a $5B offer, but now it’s sounding more like $10B-$20B. Nothing locked in yet, but talks are heating up.

Here’s what’s cooking:

Circle filed for IPO (S-1 dropped April 1) — ticker: CRCL

JPMorgan & Citi running the show

Target IPO valuation? $4-5B

Back in 2022 they aimed for $9B — SPAC fell through though

Why Ripple’s not backing down:

USDC is #2 stablecoin, only behind USDT

Ripple just launched RLUSD (yep, their own stablecoin)

Already hit $317M cap quietly

Snatching Circle = instant dominance in the stablecoin game

Deaton’s take:

Circle knows what it’s worth, especially with U.S. regs shifting in crypto’s favor

(looking at you, STABLE GENIUS Act)

They’re betting Wall Street will value them higher post-IPO

Big picture:

Stablecoin market could touch $2.8T in 5 years

Ripple wants a big piece

Circle’s playing it smart

Bottom line: This ain’t just a deal. It’s a power move. Watch it closely.