Ripple’s Circle deal could unlock $60B in liquidity and reshape global crypto payments.

Owning USDC and RLUSD lets Ripple simplify transfers, reduce costs, and boost XRP’s role.

Rumors have swirled about Ripple's bid to acquire Circle, the company behind USDC, one of the largest stablecoins with over $60 billion in assets under management.

The report by The Edge in June claimed that Ripple had made a $5 billion offer for Circle, which was rejected by the company's board of directors, who reportedly felt the price was "too low."

Sources familiar with the matter later told Bloomberg that the integration of USDC and RLUSD could create a seamless and efficient payment system, simplifying cross-border transactions and reducing costs.

This would also pave the way for XRP to play a broader role in facilitating stablecoin payments and interoperability, aligning with Ripple's vision for a future where XRP serves as the core of financial technology.

However, even if the deal doesn't materialize, Circle's potential initial public offering (IPO) could still lead to a heightened focus on Ripple and XRP, especially within the U.S. financial markets.

Despite the rumors and speculations, neither Ripple nor Circle has made any official announcements regarding a potential acquisition or any changes in leadership at either company.

Earlier this year, reports emerged that private equity firms were interested in acquiring a majority stake in Circle, aiming to capitalize on the booming digital asset market and the increasing demand for cryptocurrencies.

In March, a report by PE Hub indicated that private equity firms, including Apollo Global Management and The Carlyle Group, were exploring investment opportunities in Circle, with a potential valuation of around $10 billion.

However, these private equity firms faced competition from other bidders, including a consortium of crypto-focused hedge funds and a group of Asian investors, who were willing to pay a higher price for the company.

The report also mentioned that Andreessen Horowitz, an early investor in Circle, was planning to sell a portion of its stake in the company during the IPO.

As of May, reports surfaced that private equity firms had made bids for Circle, while hedge funds were forming a consortium to make a joint bid for the company.

A report by The Korea Economic Daily suggested that a consortium of Korean investors, including crypto exchange Bithumb, was preparing a $15 billion bid for Circle.

The report also noted that private equity firms, such as Apollo and Carlyle, had made bids of around $10 billion, which were rejected by Circle's board of directors, who were seeking a valuation of at least $15 billion.

Insiders familiar with the matter later told Bloomberg that the integration of USDC and RLUSD could create a seamless and efficient payment system, simplifying cross-border transactions and reducing costs.

This would also pave the way for XRP to play a broader role in facilitating stablecoin payments and interoperability, aligning with Ripple's vision for a future where XRP serves as the heart of finance.

If Ripple owns both his own stablecoin (RLUSD) and USDC, it can make the payment system simpler and smoother. This means money can move faster, with fewer steps and lower costs.

For people who hold XRP, this could be a big deal. XRP wouldn't just help with sending money across countries, it could become a key part of how money moves everywhere, even with stablecoins.

If Ripple takes that over, it may finally earn the kind of trust Wall Street needs to seriously consider XRP & its upcoming ETFs.

Even if Circle says no or goes public instead, the message is clear, Ripple wants more control over stablecoin liquidity. And it won't stop with one offer.

Whether this deal happens or not, Ripple is setting the stage for XRP to play a much bigger role in the next phase of finance. If Ripple succeeds, XRP won't just be part of the system—it could be the system.