Could the frenzy around stablecoins be fueling the rumor mill? Ripple (XRP), which was rumored to have intentions of acquiring Circle (USDC), indirectly denies this through its CEO, Brad Garlinghouse.
Ripple has no intention of acquiring Circle
Chris Brummer, a law professor, spoke with Brad Garlinghouse during the Bitcoin 2025 conference. According to him, the CEO of Ripple claims that the company has never sought to acquire Circle, contrary to several reports.
Brad was categorical: Ripple has never considered acquiring Circle. And even though he wishes the company well, it is not an option he is considering.
This information directly conflicts with a report published last April 30 by Bloomberg. According to it, citing internal sources, Ripple allegedly made an offer of 4 to 5 billion dollars to acquire Circle. However, the company would have been rebuffed, with Circle stating that it is not for sale.
Ripple and stablecoins
Who is right? It's hard to know, but it is certain that Ripple has a marked interest in stablecoins. The company launched its own RLUSD a few months ago. It would represent the foundation of Ripple's strategy, according to Brad Brummer:
RLUSD is not just a stablecoin; Ripple presents it as collateral recorded on the blockchain, with transactions intended to be recorded on the XRP Ledger.