$USDC The most recent event in the world of $USDC has been the acquisition offer from Ripple Labs, the company behind the cryptocurrency XRP and the stablecoin RLUSD. In early May 2025, it was reported that Ripple offered a considerable sum, around 5 billion dollars, to acquire Circle, the issuer of USDC. Although the offer was apparently rejected by Circle as being too low, this strategic move by Ripple underscores the growing interest and competition in the stablecoin market. The potential merger of two major players like Ripple and Circle would have had significant implications for the landscape of stable digital currencies, especially considering the dominant position of USDC in the market with a capitalization exceeding 61 billion dollars. This acquisition attempt reflects Ripple's ambition to expand in the stablecoin sector and challenge the current leadership.