Ripple Offered to Buy Stablecoin Rival Circle or Up to $5 Billion

Ripple has offered to acquire USDC-issuer Circle for $4 billion (roughly Rs. 33,843 crore) to $5 billion (roughly Rs. 42,300 crore) but the offer was deemed too low and rejected. While Ripple remains interested in Circle, it hasn’t decided whether to make another offer.