The issuer of $USDC USDC has rejected a takeover offer from Ripple, which was between 4 billion and 5 billion U.S. dollars, considering the offer to be very low, according to a report by Bloomberg.

The report noted that negotiations have completely stopped, and Ripple does not intend to improve the offer.

Meanwhile, Ripple has completed the $1.2 billion acquisition of the intermediary company 'Hidden Road', whose network (XRPLedger) is expected to be used for post-settlement transactions, which may enhance XRP's role in financial infrastructure.