XRP Army Not Buying Rumors About Ripple’s $20 Billion Offer to Circle

The XRP army is do not buy The latest rumor about the company Blockchain Company Ripple intends to pay $ 20 billion for USDC Transfer Circle.
Earlier in the day, he started to spread quickly on the X platform. Certain cryptographic influencers and media shared the foundation rumor, arousing criticism from certain members of the XRP community for having reported this without any credible evidence.
Dom Kwok, Easya co -founder, has commented That there is “no way”, Ripple will offer such a huge amount of money. Last month, Circle filed an initial first public offer of $ 5 billion (IPO).
Based on the history of research X, the rumor seems to have been from April 30, with an account of ladle appearing saying that the offer was increased by $ 20 billion. The account added that the agreement was finalized. The account is labeled “Fox News”, even if there was no report on the question of the information network.
As U.TODAY reported, Bloomberg reported Tuesday that Ripple had offered up to $ 5 billion to acquire Circle, but the offer had been rejected.
Circle is the second player in the Stablescoin market, with the capitalization of the USDC exceeding $ 61 billion. Circle's main incomes come from interests gained in reserves supporting the popular Stablecoin. Ripple entered the stable market last year with the last USD Ripple (Rlusd).
In April, Circle also announced the future launch of a network of cross -border payments, which means that it will rivalize directly with Ripple in its department.
Bloomberg's original report said Ripple was not sure to make another circle offer, but he did not exclude it. However, there is no credible report confirming that the company has increased the offer up to $ 20 billion.
As U.TODAY reported, the XRP price also jumped Sunday due to false news from proshares obtaining approval to launch negotiated funds in exchange for XRP on April 30. It is not clear when these products are really launched.