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Cryptocurrency News Articles

Ripple Has Made an Acquisition Offer Between $4 Billion and $5 Billion for Circle

May 01, 2025 at 02:15 am

Ripple Has Made an Acquisition Offer Between $4 Billion and $5 Billion for Circle

According to a recent report by @DeItaone on X (formerly Twitter) , Ripple reportedly made an acquisition offer for Circle, the issuer of the USDC stablecoin, in the range of $4 billion to $5 billion.

If confirmed, this move would represent a significant consolidation in the stablecoin market, potentially positioning Ripple to directly challenge Tether’s dominance.

Circle has been preparing for an IPO, aiming for a valuation within the same band of $4 billion to $5 billion .​

This potential acquisition follows Ripple’s recent strategic initiatives, such as the $1.25 billion purchase of prime broker Hidden Road . The integration of Circle’s USDC could further expand Ripple’s capabilities in the digital asset domain.

As of yet, neither Ripple nor Circle has officially confirmed this reported offer.

*RIPPLE IS SAID TO HAVE OFFERED $4B TO $5B FOR CIRCLE*— *Walter Bloomberg (@DeItaone) April 30, 2025

Original source:opticflux

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