Ripple Labs Inc. , known for its recent invasion into the Stablecoins market with XRP cryptocurrency and Ripple USD (RLUSD). We proposed to acquire a competitor, Circle Internet Group Inc.. , Stablecoin USDC issuer, amounts between 4,000-5,000 million USD. However, Bloomberg reported that it cited sources that were close to negotiations. になったんです。 English: The first thing you can do is to find the best one to do.
Ripple’s proposal sought to consolidate Circle’s Tether (USDT) and its position in the USDC-dominated Stablecoins market. Nevertheless, The circle that recently submitted a request to go to decide not to accept the offerfocusing on the initial public offering process (IPO).
A circle spokesman declared that they would not comment on the subject. «We are in a period of silence with the SEC, so we cannot comment on the company’s financial plans. Our long-term goals are still the same,” the spokesman told Bloomberg.
Ripple launched Stablecoin RLUSD in December 2024backs up 1:1 in US dollars. Currently, RLUSD has a market capitalization of approximately USD 317 million, establishing its position as the 12th largest stubcoin of market capitalization.
Despite its growth, as Cryptootics provides information, RLUSD will not reach USDC yetThe market capitalization is USD 61.5 billion. になったんです。 English: The first thing you can do is to find the best one to do.
The offer to win a circle is part of a broader ripple strategy to expand its presence in the financial ecosystem. In April 2025, Ripple agreed to buy the Hidden Road Brokerage company for USD 1,250 million, marking the largest acquisition in the company’s history. The acquisition allows RIPPLE to use RLUSD as security for securities companies and transfer post-negotiation activities to the XRP ledger network.
