Ripple's $5 Billion Circle Offer Rejected
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USDC issuer CircleCoinGape
•Business
Business & Economics
Ripple offered $4 to $5 billion to buy USDC stablecoin issuer Circle. The stablecoin issuer rejected the amount because it was too low

60% Informative
Ripple offered $4 to $5 billion to buy USDC stablecoin issuer Circle , but the deal didn't fall through.
A potential acquisition would be a huge move for the crypto firm, considering that it already issues the RLUSD stablecoin, which is gaining market share.
This development comes just as Ripple agreed to acquire prime broker Hidden Road for $1.25 billion earlier this month .
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