Ripple, the company behind the cryptocurrency XRP, offered between US$ 4 and 5 billion to acquire Circle, the issuer of the stablecoin USDC, according to Bloomberg.
The offer was rejected as it was considered low, and Circle remains focused on its initial public offering (IPO) in the US.
However, rumors suggest that Brad Garlinghouse, CEO of Ripple, may have offered US$ 20 billion to acquire Circle, the issuer of the stablecoin USDC, according to rumors.
