Ripple, the digital payments firm best known for its XRP token, has reportedly quietly set its sights on one of the most influential companies in crypto: Circle, the issuer of the $60 billion USDC stablecoin. In recent weeks, Ripple approached Circle with an acquisition offer valued between $4 billion and $5 billion, a recent report from Bloomberg revealed. The bid was rebuffed. But the approach signals Ripple’s deepening ambition to expand its footprint in the fast-evolving stablecoin market — and possibly reshape it in the process
source: https://news.shib.io/2025/05/01/ripple-eyes-takeover-of-stablecoin-giant-circle/?utm_source=rss&utm_medium=rss&utm_campaign=ripple-eyes-takeover-of-stablecoin-giant-circle