🚨 Shocking Gamble! Ripple to Acquire Circle for $20 Billion, XRP Lawyer Reveals Insider Info! 😱🚀

The USDC Giant's IPO and Acquisition Battle Heats Up!

Ripple's Acquisition Storm

XRP lawyer John Deaton comments on the rumors of Ripple acquiring Circle, stating that after an initial $5 billion offer was rejected, Ripple may raise it to $20 billion, with negotiations intensifying. Circle plans to go public on the NYSE under the ticker "CRCL," with a valuation of $4-5 billion, underwritten by JPMorgan and Citigroup, aiming for the $9 billion target that was not achieved in 2022.

Strategy and Market

Circle bets on favorable regulations like the "Stable Genius Act" to boost its valuation. USDC is the second-largest stablecoin, and the global market may reach $2.8 trillion within 5 years. Ripple's launch of RLUSD (market cap of $317 million) could dominate the stablecoin field if it acquires Circle. Deaton points out that Circle's IPO and Ripple's strategic game will reshape the market landscape.