Fact Check: Is Ripple Really Offering $20 Billion to Buy Circle?
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- Ripple has allegedly raised the Circle acquisition offer.
- Circle’s IPO plans may change if Ripple’s offer is accepted.
- XRP price struggles at $2.25, bullish breakout may come soon.
The battle for stablecoin dominance is intensifying. Ripple is reportedly making big moves to acquire Circle, the issuer of the USDC stablecoin.
According to a new Bloomberg report citing anonymous sources, Ripple initially made an offer valued between $4 billion and $5 billion, which Circle rejected as too low.
— CryptoSensei (@Crypt0Senseii) May 1, 2025
BREAKING:
Ripple reportedly made a $4–$5 billion bid to acquire Circle’s USDC — but the offer was turned down!
CTO David Schwartz responded: “$6 billion, and that’s our final offer.” #XRP pic.twitter.com/LENmDWy8YH
Related: XRP Price Prediction May 2025: Will Ripple Smash $3 or Crash to $1.70?
Ripple Reportedly Raises Acquisition Bid to $20 Billion
However, in a surprising new development, Ripple’s CEO Brad Garlinghouse has now reportedly raised the acquisition bid to a massive $20 billion. Sources suggest negotiations are progressing toward a potential deal at this higher valuation. The news of this …
The post Fact Check: Is Ripple Really Offering $20 Billion to Buy Circle? appeared first on Coin Edition.
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