Ripple proposed to acquire a Circle of Stablecoin for a price of $ 4 billion at $ 5 billion. Circle would have refused the offer as too low.
Ripple, Inc., the XRP transmitter, would have Place an offer to acquire a stablecoin transmitter circle. The price of $ 4 billion to $ 5 billion was rejected as too low. Cryptographic sources and influencers have repeated the allegations, although the two parties did not yet issue published.
According to familiar sources with the attempted acquisition, Ripple has not considered making a higher offer.
The attempted acquisition has surfaced just as the circle intended to conduct an IPOObtain a potentially higher assessment for the company. Recent estimates based on stock exchange plans value Circle between $ 4 billion at $ 6 billion.
Circle representatives said it was not planned to abandon the IPO and that the company would follow its plans. The company refused to comment On rumors or share more details on the negotiation process.
After the attempted acquisition reported, XRP remained slightly less than $ 2.19, because the cryptography market took a step back. XRP is not necessary as a utility token, because the Ripple payment network can manage transactions without the need for a native token.
Ripple faces Fintech competition
Ripple proposed the offer when Circle widen its options for fast payments on the chain. The main offer of Ripple to mass adoption is its fintech activity, offering low -priced payment networks.
Circle also aims to extend its Stablecoin services, going to payments in addition to using USDC in trading pairs. Circle has become a potential competitor of Ripple, after announcing its Circle Payments Network (CPN), a mass of mass adoption payment for the Internet.
With CPN, we build a network platform that offers the economy and incentives aligned for the entire ecosystem. Big Mentality Tent here in Circle. Let's create the Internet financial system together.
– Jeremy Allaire – Jda.eth / Jdallaire.sol (@jerallaire) April 30, 2025
Circle also expands the influence of its stablecoins, increasing the supply of the USDC new mints on Solana and the base. Previously, the Stablecoin transmitter said that it aims to transform the CPN into a direct rival or even a “killer” of the Ripple payment system.
Circle has issued more than $ 60 billion in the stablescoins of the USDC, becoming more influential both on centralized exchanges and Solana Dex. The USDC retains 90.7,000 daily active addresses, with daily negotiation volumes of $ 9.6 billion.
Ripple is developed by acquisitions
Ripple was on a wave of acquisition in 2025, after having ended his long -standing trial Against the dry United States.
In early January, Ripple finalized the acquisition Small companies valued at $ 250 million. Ripple examined tokenization tools, day care and trading services.
In April, Ripple also acquired Prime Broker Hidden Road for $ 1.25 billion, aimed at extending its influence among professional and institutional traders.
The acquisition offer arrives at a time when Fintech applications aim to integrate stablecoins as a faster payment layer. Visa announced a partnership with Bridge, which is part of the Fintech Stripe group, to issue new Stablecoin payment gateways. Stripe herself built a new Stablecoin product, going from a fintech application to a cryptographic payment gateway.
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