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
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