Ripple's Multi-Billion Dollar Bid for Circle Rejected
Ripple's Multi-Billion Dollar Bid for Circle Rejected
馃挵 Circle Says No to Billions
Ripple made a significant acquisition attempt for Circle, the company behind the USDC stablecoin. The offer, valued between $4-5 billion, was declined by Circle who considered it below their desired valuation.
Key points:
- Offer range: $4-5 billion
- Target: Circle, USDC issuer
- Status: Rejected by Circle
- Reason: Perceived undervaluation
Full details available in Decrypt's coverage
An offer between $4 and $5 billion was made by @Ripple to acquire @circle, the issuer of USDC. Circle declined it as it believed the offer was undervalued. Read the full article on @DecryptMedia 猬囷笍
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