While the cryptocurrency market is searching for new momentum post Bitcoin Halving, an unconfirmed rumor has stirred the community: Ripple – the giant behind the XRP coin – is said to have raised its bid for Circle, the issuer of the USDC stablecoin, to 20 billion USD.



An ambitious move from Ripple?


Rumors indicate that #Ripple initially made a bid of 4–5 billion USD to acquire Circle, but was deemed too low compared to the position of USDC – the second-largest stablecoin in the market with a market cap of 61 billion USD. Later, Ripple is said to have raised the offer to 20 billion USD, demonstrating a bold move to expand its influence in the stablecoin sector.


Notably, just under 5 months ago, Ripple launched its own stablecoin named RLUSD, which currently has a market capitalization of over 300 million USD and is primarily listed on exchanges in the US. If the negotiation information with Circle is correct, this could be one of the largest M&A deals in the history of the crypto industry.



Positive signals for the entire cryptocurrency market


Although it is still just an unverified rumor from both sides, there are many positive takeaways for the crypto market:



  1. Stablecoins are playing an increasingly important role:

    The interest of a company like Ripple in stablecoins – which are the foundation of liquidity and price transfer in the crypto ecosystem –demonstrates long-term confidence in the role of stablecoins in cross-border payments, DeFi, and Web3.



  2. Institutional confidence is increasing:

    A takeover deal worth tens of billions of dollars, if true, is evidence ofthe growing interest from crypto financial institutions in business models with stable cash flow and practical applications.



  3. The crypto market is about to enter a stage of strategic competition:

    The fact that a giant like Ripple wants to jump into the stablecoin race with Circle ($USDC ) and Tether (USDT) willdrive technological innovation, improve transparency, and raise operational standards across the industry.





What should crypto users be aware of?



  • Currently, this is still just a rumor from an unverified source. Both Ripple and Circle have not made official comments.



  • However, these speculations somewhat reflect the heat and long-term potential of the stablecoin market, especially as many countries are tightening regulations and crypto companies are preparing for a new growth cycle.



  • Users should closely monitor developments from Ripple, Circle, and other stablecoin competitors, as any deal of this magnitude will significantly impact capital flow, liquidity, and power structure in the crypto market.





Risk warning: The cryptocurrency market always carries significant volatility and risk. Unverified information, while enticing, needs to be analyzed carefully before making any investment decisions. Stablecoins are an important pillar but also face challenges regarding regulations and increasing competition. #anhbacong