$USDC

The "big gamble" of Ripple fails! The $5 billion acquisition of USDC fails, and stablecoin wars ignite 💥

According to Bloomberg, Ripple had proposed acquiring the USDC issuer, Circle, for $5 billion, but the offer was rejected as it was too low. Although the acquisition did not succeed, Ripple is still expanding its influence in the stablecoin market. 📉

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