Ripple Rumoured to Up Bid for Circle from $5B to $20B After Rejection

Blockchain giant Ripple has reportedly escalated its pursuit of Circle, the issuer of the $61.7 billion USDC stablecoin, with a revised $20 billion acquisition offer, quadrupling its initial rejected bid of $5 billion.  According to an April 30 Bloomberg report, Ripple initially offered $4–5 billion to acquire Circle, a proposal swiftly dismissed as undervaluing the … Continue reading Ripple Rumoured to Up Bid for Circle from $5B to $20B After Rejection