Ripple allegedly made a $5 billion offer to acquire Circle, the second-largest stablecoin issuer, which the firm rejected. Further reports suggest that Circle was not categorically opposed to buyout offers, but that a $5 billion offer was too low. Did Ripple Try to Buyout Its Competition? Multiple social media reports suggest that Circle rejected Ripple’s massive buyout offer. The major stablecoin issuer recently filed for an IPO but subsequently paused its plans after Trump’s tariff chaos
source: https://beincrypto.com/ripple-circle-buyout-offer-5-billion/