The post BREAKING: Huge Surprise in Ripple (XRP) – Ripple Makes Offer to Acquire Circle, the Company Behind USDC – Here Are the Details appeared on BitcoinEthereumNews.com.

According to the latest information, Ripple is said to have offered $4 billion to $5 billion to acquire Circle. Circle is known for being the issuer of the USDC stablecoin. Circle rejected the offer, thinking it was too low. The acquisition talks come as Circle prepares for its long-awaited initial public offering (IPO), which analysts estimate could value the company at between $4 billion and $6 billion. Industry insiders suggest the timing of Ripple’s offer may have been influenced by Circle’s expanding presence in blockchain-based payments, an area where Ripple has traditionally dominated. Neither Ripple nor Circle have officially commented on the rumored acquisition or provided details about ongoing negotiations. However, sources indicate that Ripple has not made a follow-on offer and Circle is focused on moving forward with its IPO plans. A Circle spokesperson declined to comment on the deal rumors but confirmed that there has been no change in the company’s IPO strategy. Ripple’s interest in Circle is likely due to strategic concerns regarding increasing competition in the digital payments sector. Circle, primarily known for its USDC stablecoin, recently announced the Circle Payments Network (CPN), a blockchain-powered payments infrastructure that could rival Ripple’s offerings for cross-border and on-chain transactions. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/breaking-huge-surprise-in-ripple-xrp-ripple-makes-offer-to-acquire-circle-the-company-behind-usdc-here-are-the-details/

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Filed under: News - @ May 1, 2025 3:26 am