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Ripple Reportedly Offered $5B to Acquire Circle

Circle rejected the bid as too low, but Ripple is reportedly still interested in an acquisition.
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May 1, 2025 • 1 min read

Bloomberg reports that Ripple made a $4B-$5B bid to acquire Circle, the issuer of USDC, but that the bid was rejected as insufficient. Ripple remains interested but undecided on a follow-up offer.

What’s the Scoop?

  • Ripple's Offer: Ripple reportedly offered $4B-$5B to acquire Circle, the issuer of USDC.
  • Offer Rejected: The proposed buyout was deemed too low and rejected by Circle.
  • Ripple's Interests: Ripple remains interested in Circle but has not made further decisions on an updated offer.
  • Market Comparison: Ripple’s RLUSD stablecoin's market cap stands at $300 million, much smaller than USDC’s $60 billion.

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